In general, as a consumer consumes more of a good or service, total utility _____ and marginal utility _____. Question 39 options: a increases; increases b increases; decreases c decreases; increases d decreases; decreases

In general, as a consumer consumes more of a good or service, total utility _ and marginal utility _. Question 39 options: a increases; increases b increases; decreases c decreases; increases d decreases; decreases

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Consumer Choice And Demand

Section: Chapter Questions

Problem 1.3P

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Question

In general, as a consumer consumes more of a good or service, total utility _____ and marginal utility _____.

Question 39 options:

a	increases; increases
b	increases; decreases
c	decreases; increases
d	decreases; decreases

Definition Definition Satisfaction derived from the consumption of an additional unit of any commodity.

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