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1. When marginal utility is ______, total utility will be ________ as the consum

ID: 1181114 • Letter: 1

Question

1. When marginal utility is ______, total utility will be ________ as the consumer increases his consumption.  
A. increasing; increasing B. positive; increasing C. decreasing; decreasing D. both A and C
2. Which of the following is NOT constrained maximization?
A. Get the highest grade possible within the time limit of the exam. B. Choose the consumption bundle that maximizes your utility within your budget. C. Pursue your dream career despite the reality. D. Get the best job within your abilities, qualifications, and training. 1. When marginal utility is ______, total utility will be ________ as the consumer increases his consumption.  
A. increasing; increasing B. positive; increasing C. decreasing; decreasing D. both A and C
2. Which of the following is NOT constrained maximization?
A. Get the highest grade possible within the time limit of the exam. B. Choose the consumption bundle that maximizes your utility within your budget. C. Pursue your dream career despite the reality. D. Get the best job within your abilities, qualifications, and training. 1. When marginal utility is ______, total utility will be ________ as the consumer increases his consumption.  
A. increasing; increasing B. positive; increasing C. decreasing; decreasing D. both A and C
2. Which of the following is NOT constrained maximization?
A. Get the highest grade possible within the time limit of the exam. B. Choose the consumption bundle that maximizes your utility within your budget. C. Pursue your dream career despite the reality. D. Get the best job within your abilities, qualifications, and training. 1. When marginal utility is ______, total utility will be ________ as the consumer increases his consumption.  
A. increasing; increasing B. positive; increasing C. decreasing; decreasing D. both A and C
2. Which of the following is NOT constrained maximization?
A. Get the highest grade possible within the time limit of the exam. B. Choose the consumption bundle that maximizes your utility within your budget. C. Pursue your dream career despite the reality. D. Get the best job within your abilities, qualifications, and training.

Explanation / Answer

1 amswer a



2 amnswer d

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