Net Efficiency ______________ as Work Rate Increases

question 6

Multiple Choice

Net efficiency ______________ as work rate increases.

• A) increases
• B) does not change
• C) decreases

---

Definitions:

Diminishing Utility

The principle that as consumption of a good or service increases, the marginal utility derived from each additional unit decreases.

Marginal Utility

The additional satisfaction or benefit obtained from consuming one more unit of a good or service.

Total Utility

The complete satisfaction obtained from consuming a particular quantity of goods or services.

Marginal Utility

The extra pleasure or benefit gained by a consumer from using an additional unit of a product or service.