Which of the following is not an assumption of marginal, Ask an Expert

Economics

Which of the following is NOT an assumption of marginal utility theory?

A) A consumer derives utility from the goods consumed.

B) Each additional unit of consumption yields additional utility.

C) Consumers maximize their total utility.

D) As more of a good is consumed, the decrease in the marginal utility from the good means that the total utility from the good decreases also.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M969940

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