If Marginal Utility Is Positive, Then Total Utility Is

question 54

Multiple Choice

If marginal utility is positive, then total utility is

• A)constant
• B)negative
• C)increasing
• D)decreasing
• E)0

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Definitions:

Geometry

The branch of mathematics concerned with the properties and relations of points, lines, surfaces, and solids.

Maturation

The process of development in which an individual reaches a higher level of complexity and functionality, often through natural growth or learning.

Apprenticeship

A system of training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study.

Piaget

Pertains to Jean Piaget, a Swiss psychologist renowned for his groundbreaking contributions to the study of child development and cognitive theory.