If Consumption of an Extra Unit of Some Good Generates

question 40

Multiple Choice

If consumption of an extra unit of some good generates a marginal utility of zero,then consumption of that additional unit would mean that total utility would

• A)be negative.
• B)also be zero.
• C)be increasing.
• D)be decreasing.
• E)not change.

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Definitions:

Core Values

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual.

Morally Right

Acting in accordance with ethical principles and recognized standards of good behavior.

Morally Wrong

Actions or decisions that are considered unethical or evil based on moral principles or societal norms.

Ethical Imperatives

Moral obligations or commands that are viewed as universally true and guiding principles of behavior.