If Marginal Utility Is Positive but Diminishing, as More Units

question 49

Multiple Choice

If marginal utility is positive but diminishing, as more units of a good are consumed, then the total utility from the good must be

• A) falling.
• B) positive and rising at an increasing rate.
• C) positive and rising at a decreasing rate.
• D) positive and rising at any rate.

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Definitions:

Acromegaly

A disorder characterized by excessive growth hormones leading to enlargement of body parts, particularly hands, feet, and face.

Chronic Hypoglycemia

A medical condition characterized by persistently low levels of glucose in the blood, leading to symptoms such as dizziness, weakness, and in severe cases, unconsciousness.

Enlarged Tongue

A condition where the tongue is larger than normal, which can be due to various causes including genetic conditions, hormonal imbalances, or inflammation.

Growth Hormone

A hormone secreted by the pituitary gland, promoting growth, cell reproduction, and cell regeneration in humans and other animals.