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The slope of the total utility curve will be negative if the marginal utility curve

stars_and_moon

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8 years ago

The slope of the total utility curve will be negative if the marginal utility curve

The slope of the total utility curve will be negative if the marginal utility curve
A) is falling.
B) is at its minimum.
C) is in the negative range.
D) is rising.

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kingby

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Solved When diminishing marginal utility sets in, total utility must be negative. (True or false?)
Solved Marginal utility per dollar is equal to
Solved A negative marginal utility implies negative total utility.
Solved If marginal utility is positive, then:
Solved If marginal utility is negative, then:
Solved If marginal utility is decreasing, then:
Solved If marginal utility is zero, then:
Solved If marginal utility is falling, then we know that total utility must also be falling (True or false?)

stars_and_moon Author

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#2

8 years ago

I compared your answer with a buddy, and it matches

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kingby

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8 years ago

I instantly knew the answer when I read the question, happy to help

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