Marginal Utility Is Always Decreasing

question 54

True/False

Marginal utility is always decreasing.

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Definitions:

Cognitive Neuroscience

A branch of neuroscience that studies the biological processes and aspects that underlie cognition, with a focus on the neural connections in the brain involved in mental processes.

Cognition

The endeavor of acquiring knowledge and apprehension through intellectual activities, experiences, and the perception of senses.

States Of Consciousness

Different levels of awareness of one's environment and self, ranging from fully alert and aware to various stages of sleep and altered states.

Consciousness

Awareness of one's own existence, sensations, thoughts, surroundings, and experiences.