If Total Utility Is Increasing, Marginal Utility

question 318

Multiple Choice

If total utility is increasing, marginal utility

• A)is positive but may be either increasing or decreasing.
• B)must also be increasing.
• C)may be either positive or negative.
• D)will be increasing at an increasing rate.

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Definitions:

Transactional Analysis

A psychoanalytic theory and method of therapy wherein social transactions are analyzed to determine the ego state of the communicator as a basis for understanding behavior.

Encounter

A meeting or interaction between individuals, which can lead to an exchange of ideas or affect personal growth.

Payoff

The return or reward received as a result of an investment or action.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires, being aware of oneself as an individual.