What is the correct answer?


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

Correct Answer :

D. Negative marginal utility

Related Questions

The firm producing at the minimum point of the AC curve is said to be: If a good is an inferior good then an increase in incomes of the consumers… With the change in the factor prices, the slope of the expansion path… When the slope of a demand curve is zero (also known as vertical demand… Production is a function of: Law of Variable Proportions is regarding in: When the consumer is in equilibrium not only his income is fully spent,… The optimal strategy for a player is termed as: For the given production function, technical inefficiency is defined as: Under pure monopoly, there will be: Scarcity is: The pay-off matrix shows: Price discrimination is possible: In case of monopoly, the slope of MR is: Substitution effect means a consumer A demand schedule is shown as: Increasing return to scales can be explained in terms of: The vertical demand curve for a commodity shows that its demand is: Each SAC represents a particular level of: In Edgeworth model, price remains: In the case of an inferior good, the income effect: In short-run, in monopolistic competition, a firm earns: When elasticity of demand is less than one (e Which of the following formula determine the income elasticity of demand?: The relationship between AC and MC curves depend upon the behavior of: When a consumer is satisfied with his spending pattern, he is said to… If the marginal utility of apples to a consumer exceeds that of bananas… Loanable funds theory of Interest was developed by: The ordinary demand curve is also called: According to Marshal, the Law of Diminishing Marginal Utility: