Total utility
a. is equal to the sum of the marginal utilities of all units consumed.
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Social Studies, 06.08.2019 00:10 alopez324789
Total utility
a. is equal to the sum of the marginal utilities of all units consumed.
b. has a constant rate of increase as a person consumes more and more of a good.
c. cannot decrease as a person consumes more and more of a good.
d. is negative when marginal utility is declining.
Answers: 2
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