tyreegoines21051 tyreegoines21051

14-12-2022
Business

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Which of the following statements is correct?
A. There is no relationship between marginal utility and total utility.
B. If marginal utility is diminishing but positive as consumption increases, then the total utility will increase.
C. Total utility is equal to the change in the marginal utility from consuming each additional unit of a good.
D. If marginal utility is diminishing as consumptions increases, total utility will also be diminishing

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