Marginal Utility Can Be

question 90

Multiple Choice

Marginal utility can be

• A)negative.
• B)zero.
• C)positive.
• D)positive, negative, or zero.

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Definitions:

State Law

The body of law issued and enforced by a state government, distinct from federal or municipal law.

Fiduciary

A person who has a duty to act primarily for another person’s benefit.

Duty of Performance

An agent’s obligation to perform the duties specified in the agency agreement and to do so with reasonable skill and care.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.