The Table Given Below Depicts the Total Utility Derived from the Consumption

question 45

Multiple Choice

The table given below depicts the total utility derived from the consumption of a good.Table 7.1

-If total utility increases by smaller and smaller amounts as more units of a product are consumed, then marginal utility is:

• A)decreasing and is a negative amount.
• B)decreasing and is a positive amount.
• C)zero.
• D)increasing and is a negative amount.
• E)increasing and is a positive amount.

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Definitions:

Spring

An elastic object used to store mechanical energy, often made of coiled wire, providing resistance to compressive or tensile forces.

Ball Joint

A spherical bearing that connects the steering knuckles to the control arms, allowing for smooth and stable movement of the suspension and steering.

MacPherson Strut

A type of automotive suspension system that combines a shock absorber and a coil spring into a single compact assembly.

Steering Knuckle

A pivotal component in a vehicle's steering system to which the wheel assembly is mounted, allowing the wheel to pivot and turn.