Question

The typical pattern revealed in a budget constraint model shows that as the quantity consumed rises,total utility rises, but marginal utility falls.marginal utility increases.total utility decreases, but marginal utility rises.total utility decreases.

Answer 1

total utility rises, but marginal utility falls

Step-by-step explanation:

As more units of a commodity are consumed, the total satisfaction derived increases. Therefore, total utility rises.

However, with the consumption of additional units, the extra satisfaction derived as more and more units are consumed decreases. This is the law of diminishing marginal utility.