If Marginal Utility Is Negative,then

question 8

Multiple Choice

If marginal utility is negative,then

• A)Total utility will increase with additional consumption.
• B)Total utility will decrease with additional consumption.
• C)The good or service being consumed is an inferior good.

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Definitions:

Property Plant and Equipment

These are long-term tangible assets owned by a business, used in producing goods or services and not expected to be consumed or converted into cash within a year.

Accumulated Depreciation

The total amount of an asset's cost that has been expensed over its useful life, reflecting wear and tear or obsolescence.

Office Furniture

Items of movable equipment that are used in an office setting for functional or decorative purposes.

Documentary Evidence

Written or printed records that are used to support the transactions recorded in the accounting system.