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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

Question

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

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Solution

Para responder a la pregunta, vamos a analizar cada una de las opciones proporcionadas:

A. "starts declining when marginal utility is negative" - Esta afirmación es correcta. La utilidad total comienza a disminuir cuando la utilidad marginal es negativa, ya que cada unidad adicional del bien o servicio reduce la satisfacción total.

B. "becomes maximum when marginal utility is zero" - Esta afirmación también es correcta. La utilidad total alcanza su máximo cuando la utilidad marginal es cero, ya que en ese punto, cualquier unidad adicional del bien o servicio no aumenta la satisfacción total.

C. "All of the above" - Esta opción es correcta si ambas afirmaciones anteriores son correctas, lo cual es el caso.

D. "total utility increases at increasing rate so long the marginal utility is positive" - Esta afirmación es incorrecta. La utilidad total aumenta a una tasa decreciente cuando la utilidad marginal es positiva, no a una tasa creciente.

Por lo tanto, la respuesta correcta es:

C. All of the above

This problem has been solved

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