CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

When marginal utility is decreasing it means that the total utility is ________.

A
increasing
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
decreasing
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
increasing, if the marginal utility still remains positive
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
none of the above
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C increasing, if the marginal utility still remains positive
When MU is decreasing and is positive, then TU always increases at a decreasing rate.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Multiplier Mechanism
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon