If Total Utility Declines as an Additional Unit of a Commodity

question 73

Multiple Choice

If total utility declines as an additional unit of a commodity is purchased,

• A)marginal utility must be rising.
• B)marginal utility is negative.
• C)marginal utility is positive but falling.
• D)its price must have risen.
• E)marginal utility is zero.

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Definitions:

American Entry

Often refers to the United States’ involvement in global conflicts, especially its entry into World War I in 1917 and World War II in 1941.

Wilsonianism

A foreign policy ideology promoting democracy, capitalism, and international cooperation, influenced by the principles of U.S. President Woodrow Wilson.

Self-Determination

Self-Determination is the principle that a community or nation has the right to determine its own political status or form of government, without external influence.

Secret Agreements

Confidential understandings or deals made between parties, often kept hidden from the public and sometimes from certain stakeholders.