Question

O Complete the following table and answer the questions below: Instructions: Enter only whole numbers for your numeric answers. Units Consumed Total Utility Marginal Utility 1 10 10 At which rate is total utility increasing: a constant rate, a decreasing rate, or an increasing rate? How do you know? (Click to select)

Answer 1

ANSWER Total Wiclity units consumed Marginal Wility NG It is defined as the change consumption of additional in unit Marginal erhielrity - resulting from the Commodity total Wility of a path in Because dealine so ar Tota Total Wility increasing at a decreasing consumption increasing Marginal Wrility wility increasing, a decreasing Rate.