Physician Visits/year Total Utility Marginal Utility 1 20 ? 2 30 ? 3 34 ? 4...

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Physician Visits/year Total Utility Marginal Utility 1 20 ? 2 30 ? 3 34 ? 4...

Physician Visits/year	Total Utility	Marginal Utility
1	20	?
2	30	?
3	34	?
4	?	2
5	?	1

As more physician visits are consumed, total utility is:

a. Decreasing at an increasing rate.

b. Decreasing at a decreasing rate.

c. Increasing at an increasing rate.

d. Increasing at an decreasing rate.

e. None of the above.

business economics

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Answer 1

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ctal-Utility marginal-utility l o 2 2 3 3 6 3 2 d in n at a deeyea Rallin4

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