Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 9R, Problem 25MCQ
To determine
The total utility if the
Expert Solution & Answer
Explanation of Solution
If marginal utility is positive then total utility would be increased and it would be positive too because the total utility cannot be negative. The total utility will increase at decreasing rate when marginal utility declined but it would not be negative as it is the total of all utilities which are consumed.
Therefore, the option b is correct.
Economics Concept Introduction
Introduction:
By consuming or gaining one additional unit of a good or service, a benefit received by the user or consumer is called marginal utility.
Chapter 9R Solutions
Krugman's Economics For The Ap® Course
Ch. 9R - Prob. 1MCQCh. 9R - Prob. 2MCQCh. 9R - Prob. 3MCQCh. 9R - Prob. 4MCQCh. 9R - Prob. 5MCQCh. 9R - Prob. 6MCQCh. 9R - Prob. 7MCQCh. 9R - Prob. 8MCQCh. 9R - Prob. 9MCQCh. 9R - Prob. 10MCQ
Ch. 9R - Prob. 11MCQCh. 9R - Prob. 12MCQCh. 9R - Prob. 13MCQCh. 9R - Prob. 14MCQCh. 9R - Prob. 15MCQCh. 9R - Prob. 16MCQCh. 9R - Prob. 17MCQCh. 9R - Prob. 18MCQCh. 9R - Prob. 19MCQCh. 9R - Prob. 20MCQCh. 9R - Prob. 21MCQCh. 9R - Prob. 22MCQCh. 9R - Prob. 23MCQCh. 9R - Prob. 24MCQCh. 9R - Prob. 25MCQCh. 9R - Prob. 1FRQCh. 9R - Prob. 2FRQCh. 9R - Prob. 3FRQCh. 9R - Prob. 1CTQCh. 9R - Prob. 2CTQCh. 9R - Prob. 3CTQCh. 9R - Prob. 4CTQ
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