Which of the following statements is false? O a Marginal utility may be negative Ob. If the more is better assumption is satisfied, the marginal utility from consuming the second unit must be greater than the marginal utility from cons Oc. If the more is better assumption is satisfied, total utility will increase as consumption increases Od. Marginal utility is the slope of total utility

Which of the following statements is false? O a Marginal utility may be negative Ob. If the more is better assumption is satisfied, the marginal utility from consuming the second unit must be greater than the marginal utility from cons Oc. If the more is better assumption is satisfied, total utility will increase as consumption increases Od. Marginal utility is the slope of total utility

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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