Which of the Following Statements Is False

question 3

Multiple Choice

Which of the following statements is false?

• A)Marginal utility may be negative.
• B)Marginal utility is the slope of total utility.
• C)If the more is better assumption is satisfied, total utility will increase as consumption increases.
• D)If the more is better assumption is satisfied, the marginal utility from consuming the second unit must be greater than the marginal utility from consuming the first unit.

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Definitions:

Core Country

Nations that are economically developed with a high standard of living and significant influence on global economic and political decisions.

Enbridge Pipeline

A comprehensive network of pipelines operated by Enbridge, Inc., used to transport crude oil and natural gas across North America.

Global North

A term referring to the world's wealthy, developed countries, mostly located in the Northern Hemisphere.

Geopolitics

The study of the effects of geography (human and physical) on international politics and international relations.