When Marginal Utility Is Positive, Total Utility Is

question 13

Multiple Choice

When marginal utility is positive, total utility is:

• A) increasing.
• B) decreasing.
• C) zero.
• D) at its minimum.

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Definitions:

Profit Performance

An assessment of the profitability of a company over a given period, considering revenues, expenses, and net income.

Losses

The reduction in financial resources due to business operations or other activities exceeding the income generated, often reflected in the income statement.