Which Statement Is FALSE

question 253

Multiple Choice

Which statement is FALSE?

• A) To calculate total utility, sum the marginal utilities of the individual units consumed.
• B) Marginal utility is usually smaller than total utility.
• C) Marginal utility generally diminishes as more of a good is consumed.
• D) The consumer is assumed to maximize marginal utility.

---

Definitions:

Negative Correlation

A relationship between two variables where one variable increases as the other decreases.

High Values

Refers to principles or standards considered to be of utmost importance by an individual or society.

Low Values

Refers to minimal or significantly below average quantities or assessments in various contexts, such as moral standards, numerical data, or personal principles.

Correlational Study

A descriptive study that looks for a consistent relationship between two phenomena.