Mathematics, 30.01.2021 02:00, johnnyboy41706
According to the law of diminishing marginal utility, which of the following is FALSE?
Total satisfaction increases as more units of a good are consumed.
The additional satisfaction received from consuming extra units of a good increases as consumption of the good increases.
The additional satisfaction received from consuming extra units of a good decreases as consumption of the good increases.
The additional satisfaction received from consuming extra units of a good increases as consumption of the good decreases.
When marginal utility is decreasing, total utility may be increasing.
Answers: 2
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According to the law of diminishing marginal utility, which of the following is FALSE?
Total satisf...
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