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JAMB Economics 2008 Objective — Question 11

Question 11 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2008 Objective paper, with the correct answer and a full explanation.

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As long as marginal utility is positive, total utility must be

  • A. negative
  • B. increasingCorrect
  • C. zero
  • D. decreasing

Explanation

When marginal utility is positive, though decreasing, the total utility is increasing.

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