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

User Nima Rostami
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1 Answer

3 votes

Answer:

a decreasing rate.

Step-by-step 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.

User Lupguo
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