When marginal utility is decreasing but still positive, then total utility is
A) increasing at a decreasing rate.
B) negative.
C) decreasing.
D) increasing at an increasing rate.

Question

Quizplus · Accepted Answer

When marginal utility is decreasing but still positive, total utility is increasing at a decreasing rate. This means that consuming additional units of the good will still increase the total utility, but at a decreasing rate compared to previous units.

When Marginal Utility Is Decreasing but Still Positive, Then Total