If Marginal Utility Is Declining but Still Greater Than Zero,then

question 106

Multiple Choice

If marginal utility is declining but still greater than zero,then total utility is

• A)unrelated to the changes in marginal utility.
• B)declining as well.
• C)increasing.
• D)declining for a while but increasing as it approaches zero.
• E)staying the same.

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Definitions:

Natural Resources

Resources that occur naturally within environments and are not created by human effort, including water, minerals, and forests.

Resource Depletion

The consumption of a resource faster than it can be replenished, leading to a decrease in the available amount over time.

Technological Advances

Improvements in technology that enhance productivity, efficiency, and quality in the production of goods and services.

Conserve

To use or manage resources wisely to prevent wastage.