If Total Utility Increases at a Decreasing Rate as a Consumer

question 248

Multiple Choice

If total utility increases at a decreasing rate as a consumer consumes more coffee, then marginal utility must

• A)remains constant.
• B)increase also.
• C)decrease.
• D)be negative.

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Definitions:

Peri-

A prefix meaning around, nearby, or encircling, often used in medical terms to describe location or proximity.

Down

a direction towards a lower position or a lower point on a scale.

Quadri-

A prefix meaning "four," used in medical terms to signify four parts or quadruple.

Extra-

A prefix meaning outside, beyond, or in addition to.