Economics 9708 · AS & A Level · Utility and rational consumer behaviour

Utility and rational consumer behaviour — practice question

Economists usually assume that the marginal utility gained from consuming extra goods is positive but falls as consumption rises. What happens to total satisfaction when more units of the good are consumed?

  • ATotal satisfaction falls at a decreasing rate.
  • BTotal satisfaction falls at an increasing rate.
  • CTotal satisfaction rises at a decreasing rate.
  • DTotal satisfaction rises at an increasing rate.

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