If the Marginal Utility of a Good Is Negative, Then

question 160

Multiple Choice

If the marginal utility of a good is negative, then

• A)consumers should buy less of it.
• B)consumers will consume it only if it is free.
• C)consumers should buy more of it to make its marginal utility positive.
• D)the law of diminishing marginal utility is being violated.

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Definitions:

New Businesses

Enterprises that have been recently established, entering the market with fresh offerings.

Operation Years

A term referring to the period during which an organization, project, or piece of equipment has been operating or functioning.

Family Businesses

Enterprises that are owned and often managed by multiple family members, typically passing leadership from one generation to the next.

Unique Problems

Issues or challenges that are distinct and not previously encountered, requiring specialized solutions.