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irga5000 [103]
3 years ago
15

At which rate is total utility increasing: a constant rate, a decreasing rate, or an increasing rate

Business
1 answer:
Ede4ka [16]3 years ago
6 0

Answer:

a decreasing rate.

Explanation:

Total utility of an individual is the satisfaction which is achieved by consuming one additional unit of good. When a person achieves more goods his marginal utility declines. When the total utility is increased, the rate of utility is decreasing.

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