If Marginal Utility Is Negative,total Utility Declines but Is Not

question 118

True/False

If marginal utility is negative,total utility declines but is not necessarily negative.

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Definitions:

Normal Curve

The normal curve, or the bell curve, represents the graphical depiction of a normal distribution with a symmetric shape where most outcomes cluster around the mean.

Standard Deviation

A measurement indicating the range of separation or variance among a set of data.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers and dividing by the count.

Standard Normal Curve

A bell-shaped curve that is symmetric about the mean, showing the distribution of a standard normal variable where the mean is zero and the standard deviation is one.