Question 12
If total utility increases, marginal utility _________
Must increase
Must decrease
Must be increasing at an increasing rate
None of these
If total utility increases, marginal utility _________
Must increase
Must decrease
Must be increasing at an increasing rate
None of these
Correct answer
None of these
Question 12 of 20 in the IIT Madras BS Business Data Management (BDM) Quiz 2 paper sat on 10 Jul 2022, in the May 2022 term (IIT M DIPLOMA QUIZ2 EXAM QPE1 10 July 2022). It carries 1 mark.