Question

The difference between total utility and marginal utility is that (multiple answers) total utility falls if...

The difference between total utility and marginal utility is that (multiple answers)

total utility falls if marginal utility is positive
total utility is usually smaller than marginal utility.
total utility is more accurate than marginal utility.
total utility is cumulate and marginal utility is not.

Homework Answers

Answer #1

Solution:-Option A is correct answer.

A.total utility falls if marginal utility is positive

Explaination:-The difference between total utility and marginal utility is that total utility falls if marginal utility is positive Total Utility means overall benefit obtained by a person from consumption of goods and services. Marginal Utility means the amount of utility a person gets from the consumption of each successive unit of a commodity.In general, the total utility increases as more of a commodity is consumed. As against this, the marginal utility decreases with each additional unit of a commodity consumed.

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