Question 1
Total utility _________ at (a / an) _________ rate when marginal utility is decreasing but positive.
decreases, increasing
increases, decreasing
decreases, decreasing
increases, increasing
Question 1: Total utility _ at (a / an) _ rate when marginal utility …
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Correct answer
increases, decreasing
Question 1 of 13 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 16 Oct 2022, in the September 2022 term (IIT M QUIZ 1 FOUNDATION DAD DIPLOMA QPD2 16 Oct 2022). It carries 1 mark.
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