If Marginal Utility Is Positive but Diminishing, Then

question 156

Multiple Choice

If marginal utility is positive but diminishing, then

• A) average utility must be negative.
• B) total utility must also be diminishing.
• C) total utility must be positive.
• D) marginal utility must be more than total utility.

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Definitions:

Enhanced Outcomes

Results or consequences that exceed the original expectations or objectives, often through improved efficiency, effectiveness, or quality.

Ethical Climates

The prevailing beliefs, values, and norms in an organization that influence ethical decision-making and behaviors.