When Marginal Utility is positive, Total Utility

1.	When Marginal Utility is positive, Total Utility
Answer» Increases When Marginal Utility is POSITIVE, TOTAL Utility Decreases. When we say that the total utility is increasing at a diminishing RATE, we mean that amount of CHANGE in total utility is decreasing with the consumption of every EXTRA unit which is nothing but marginal utility.

Answer»

Increases

When Marginal Utility is POSITIVE, TOTAL Utility Decreases. When we say that the total utility is increasing at a diminishing RATE, we mean that amount of CHANGE in total utility is decreasing with the consumption of every EXTRA unit which is nothing but marginal utility.

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When Marginal Utility is positive, Total Utility

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