Question

If the marginal utility of goods is negative then the total utility is :
(a) declining
(b) increasing
(c) constant
(d) zero

Answer 1

Answer:

declining

Explanation:

The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. Positive marginal utility occurs when the consumption of an additional item increases the total utility, while negative marginal utility occurs when the consumption of an additional item decreases the total utility.