If a Product Has a Diminishing, but Positive, Marginal Utility

question 221

Multiple Choice

If a product has a diminishing, but positive, marginal utility, then

• A)total utility decreases at an increasing rate.
• B)total utility will become negative.
• C)total utility increases at a diminishing rate.
• D)total utility decreases at a diminishing rate.

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Definitions:

Hostile Audience

A group of listeners or viewers who are opposed to the speaker's message or viewpoint.

Credible Message

Information or communication that is believable and trustworthy based on evidence or reputation.

Emotionally Based

Decisions or actions driven primarily by one's feelings rather than by analytical thinking.

Logic

The science of reasoning, proof, thinking, or inference, often used to structure arguments or analyze propositions.