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Author Question: When the marginal utility derived from a good is negative, total utility is _____. a. increasing ... (Read 90 times)

2125004343

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on: Jun 30, 2018
When the marginal utility derived from a good is negative, total utility is _____.
 a. increasing
  b. at a minimum
  c. equal to zero
  d. decreasing
  e. at a maximum

Question 2

Total variable costs:
 a. Increase when quantity produced increases.
 b. Decrease when quantity produced increases.
 c. Sometime increase and sometime decrease when quantity produced increases.
  d. Can sometimes be constant over a substantial range of output.


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Mollythedog

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


2125004343

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  • Posts: 566
Reply 2 on: Jun 30, 2018
Excellent

recede

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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