The Concept of Diminishing Marginal Utility Means That a Graph

question 35

Multiple Choice

The concept of diminishing marginal utility means that a graph representing total utility will be

• A) downward-sloping.
• B) upward-sloping.
• C) impossible to generalize without a data set.
• D) downward-facing concave.
• E) upward-facing concave.

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