State the following statement is True or False: Negative MU denotes m

1.	State the following statement is True or False: Negative MU denotes more satisfaction.OptionsTruefalse
Answer» Negative MU denotes more satisfaction. - False Explanation: The above statement is false. In fact, negative marginal utility denotes dissatisfaction. Negative marginal utility implies that the additional unit decreases the total utility derived from the consumption of the commodity.

State the following statement is True or False: Negative MU denotes more satisfaction.OptionsTruefalse

Answer»

Negative MU denotes more satisfaction. - False

Explanation: The above statement is false. In fact, negative marginal utility denotes dissatisfaction. Negative marginal utility implies that the additional unit decreases the total utility derived from the consumption of the commodity.

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