When Marginal Utility Is Decreasing but Still Positive, Then Total

question 31

Multiple Choice

When marginal utility is decreasing but still positive, then total utility is

• A) increasing at a decreasing rate.
• B) negative.
• C) decreasing.
• D) increasing at an increasing rate.

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Definitions:

Pessimist

A person who tends to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.

Avoidance/Avoidance Conflict

A psychological conflict that arises when an individual must choose between two unattractive options or outcomes.

Confrontation

The act of facing or dealing with a challenge, dispute, or opposition directly and openly.

Rapid Cycling

A term often used in bipolar disorder to describe a pattern of four or more mood episodes within a year.