Question

Assertion(A): Total utility increases at diminishing rate.

Reasoning(R): Then marginal utility goes on diminishing.

Options:

i. (A) is true, but (R) is False

ii. (A) is False, but (R) is True.

iii. Both (A) and (R) are True and (R) is the correct explanation of (A).

iv. Both (A) and (R) are True and (R) is not correct explanation of (A)​

Answer 1

Answer:

iii. Both (A) and (R) are True and (R) is the correct explanation of (A).

Explanation:

total utility is the summation of all marginal utilities and marginal utility is the addition to the total utility when another unit is consumed.

so total utility will increase at a diminishing rate when marginal utility derived starts falling.

let me know if it helps!

Answer 2

Answer:

both AB correct and R is correct explaination ofA