Diminishing Marginal Utility Means That as More of a Good

question 165

Multiple Choice

Diminishing marginal utility means that as more of a good is consumed

• A) the rate at which total utility increases starts to diminish.
• B) the rate at which total utility increases stays the same.
• C) the rate at which total utility increases starts to increase.
• D) there is no impact on the rate of change of total utility.

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