Economy, asked by unbelievabledragon20, 4 days ago

Total utility will increase when marginal utility
I. Increases
II. Decreases but positive
III. Decreases
(6
(a) I only
c) || only
b) II & III
(d) I or II or III​

Answers

Answered by mridhula76
1

Answer:

Total utility increases when Marginal utility is decreasing but positive

Answered by gj6187181
0

c) 2 & 3

Explanation:

when marginal utility diminishes and stay positive then total utility increases at a decrasing rate as it is the summation of all marginal utilities .

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