The falling part of total Utility (TU) curve shows:

A. Increasing marginal utility

B. Decreasing marginal utility

C. Zero marginal utility

D. Negative marginal utility

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. The substitution effect works to encourage a consumer to purchase more of a product when the price of…
  2. One way the government can induce a monopolist to expand his output is by imposing:
  3. Marginal utility (MU) always:
  4. If the price of Pepsi Cola goes down, you would predict:
  5. To attain maximum profits during short-run a firm should produce the output that will:
  6. Returns to scale is a:
  7. In economist the term invisible hand is refers to:
  8. Marginal utility means:
  9. The standard form of demand function is:
  10. If a person behaves against the laws of economics then:
  11. A budget line shows:
  12. Short run cost curves are influenced by:
  13. The short-run supply curve of the perfectly competitive firm is given by:
  14. In case of monopoly:
  15. The production possibility curve (PPC) is concerned with:
  16. Any straight line supply which cuts the x-axis will have:
  17. A fall in demand for the product under monopolistic competition will likely result in:
  18. Marginal utility is only meant for:
  19. In Prisoners Dillemma, the players are:
  20. Efficient allocation of resources is likely to be achieved under:
  21. At the shut-down point in perfect competition:
  22. Perfect competition assumes:
  23. If X and Y are close substitutes, a rise in the price of X will lead to:
  24. The vertical demand curve for a commodity shows that its demand is:
  25. Nash equilibrium says:
  26. The game theory takes into consideration:
  27. Whish of the following represents the average revenue curve of a firm?
  28. Change in demand refers to:
  29. The nominal income of a consumer is income in terms of:
  30. In the range of excess capacity, the average costs are: