Marginal Utility Is Always a Positive Number

question 126

True/False

Marginal utility is always a positive number.

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Definitions:

Cultural Relativism

The belief that an individual's cultural norms and practices ought to be the lens through which their actions and beliefs are viewed by others.

Norms

Socially accepted rules or standards that govern the behavior of members within a society or group, outlining what is considered acceptable or unacceptable.

Value System

A coherent set of values adopted and/or evolved by a person, organization, or society as a guideline in making decisions.

Culture Wars

Conflicts between groups with differing beliefs, values, and practices, typically relating to morality, religion, and societal norms.