When Marginal Utility Is Positive but Decreasing, an Increase in Quantity

question 150

True/False

When marginal utility is positive but decreasing, an increase in quantity decreases total utility.

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Definitions:

In Vivo

A term used in biology and psychology to refer to processes or experiments conducted within a living organism.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually triggers a conditioned response.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without the need for prior learning.

Conditioned Response

A learned reaction to a specific stimulus as a result of consistent pairing with another stimulus.