If Marginal Utility Is Positive, Then as Consumption Increases

question 22

Multiple Choice

If marginal utility is positive, then as consumption increases:

• A)the consumer will not experience diminishing marginal utility.
• B)total utility will not change.
• C)total utility will increase.
• D)the demand curve will have a positive slope.

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Definitions:

Fully Functioning

Referring to an individual's ability to operate or perform at their maximum potential in physical, mental, or emotional capacities.

Kant

A reference to Immanuel Kant, an 18th-century German philosopher known for his work in ethics and moral philosophy, emphasizing duty, autonomy, and the categorical imperative.

Liao, Salvulescu

Scholars known for their contributions to bioethics, particularly in the areas of moral philosophy and biomedical ethics.

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The process of excising or cutting out a part of the body or a tissue through operative or medical procedures.