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. |
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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