Respuesta :
Answer:
Utility increases at a decreasing rate.
Explanation:
Utility is the total satisfaction derived from consumptjon.
The utility function measures the total satisfaction derived from consumptjon.
Utility increases at a decreasing rate.
This can be illustrated with an example.
Imagine I am coming from a desert with no access to drinking water. I am very thirsty. The satisfaction I would derive from the first cup of water would be the highest. After my first cup, the utility I would derive from other cups would be diminishing.
Utility increases at a decreasing rate.
Information regarding utility:
Utility refers to the total satisfaction derived from consumption. The utility function determines the total satisfaction derived from consumption. Utility rise at a reducing rate. If the function of the utility is selected so it matters. Also, it does have a similar result.
Find out more information about the yield here: https://brainly.com/question/16898287
