Total Utility Can Be Positive Even When Marginal Utility Is

question 88

True/False

Total utility can be positive even when marginal utility is negative.

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Definitions:

Agricultural Society

A society primarily engaged in agriculture, focusing on farming and livestock raising as its main economic activities.

Revolutionary Technology

Innovations that radically change existing industries, economies, and societal practices.

Genetic Engineering

The direct manipulation of an organism's genes using biotechnology to alter its characteristics, often for purposes like improving health, enhancing resistance to diseases, or modifying physical traits.

New Life Forms

Organisms that have recently been discovered, created, or significantly altered through processes such as genetic engineering.