otal utility always ________ when marginal utility ________.Question 5Answera.stays the same; is negativeb.equals zero; is negativec.stays the same; is positived.increases; is positive

Choose statement that capture the relationship between total and marginal utility. A. starts declining when marginal utility is negative B. becomes maximum when marginal utility is zero C. All of the above D. total utility increases at increasing rate so long the marginal utility is positive.Reset Selection

Marginal utility is:Multiple Choicediminishing.constant.increasing.unpredictable.

When Marginal Utility = 0, Total Utility is. A. Maximum B. Laws of return C. Minimum D. None of the above

The marginal utility associated with eating one sub sandwich is 5 utils. The marginal utility of a second sandwich is 3 utils. In this case total utility _______ with the consumption of the second sandwich.Multiple choice question.increasesdecreasesbecomes zeroremains the same

Fill in the spaces:a. Along an indifference curve ____________ is constant.b. The rate at which a consumer is willing to substitute one good for another, holding utilityconstant, is given by the ____________ of an indifference curve. This rate is called the_________________________________.c. If at a given combination of X and Y, a consumer’s marginal rate of substitution is 4, thismeans that the consumer is willing to give up ______ units of Y for another X or ______units of X for another Y.d. If a consumer is choosing the levels of goods X and Y in order to maximize utility with agiven budget the _________ equals the ____________ ratio of the goods.e. The rate at which a consumer can substitute one good for another in the market is given bythe ______ of the budget line and is equal to the __________ratio of the two goods