A Negative Marginal Utility Implies Negative Total Utility

question 249

True/False

A negative marginal utility implies negative total utility.

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Definitions:

University Professors

Scholars and academic experts who educate students in higher education institutions and conduct research.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, after discussion.

Groupthink

A phenomenon where a group makes faulty decisions due to group pressures, leading to a decline in mental efficiency and moral judgment.

Minority Opinions

Opinions or viewpoints held by a smaller segment of a group, which differ from those held by the majority.