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Author Question: Total utility can be positive even when marginal utility is negative. (Read 106 times)

littleanan

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Question 1

When consumers maximize utility, they are equating the ratio of total utility to price across all goods consumed.


◦ true
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Question 2

Total utility can be positive even when marginal utility is negative.


◦ true
◦ false


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Marked as best answer by littleanan on Apr 19, 2019

jgranad15

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littleanan

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jgranad15

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