Which of the Following Is Correct

question 324

Multiple Choice

Which of the following is correct?

• A)There is no firm mathematical relationship between marginal utility and total utility.
• B)Total utility is equal to the change in marginal utility from consuming an additional unit of a product.
• C)If marginal utility is diminishing and is a positive amount, total utility will increase.
• D)If marginal utility is diminishing, total utility must also be diminishing.

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Definitions:

Diseases

Abnormal conditions affecting the body of an organism, often characterized by specific signs and symptoms, and not resulting directly from physical injury.

Developed Nations

Countries that have a high level of economic development, standard of living, and industrialization, along with well-established infrastructure.

Infant Mortality

The death of children under the age of one year, often used as an indicator of the health and well-being of populations.

Genetic Engineering

The deliberate modification of an organism's characteristics by manipulating its genetic material.