Question

The marginal utility from drinking one more glass of water is likely to be __________ the marginal utility from going to one move.a. The same asb. Greater thanc. Less thand. Declining until it is just greater than

Answer 1

Answer:

c. less than

Explanation:

The marginal utility from drinking one more glass of water is likely to be

less than

When you run out of candy or your marginal utility goes to zero you can stop. The law of diminishing marginal utility states that as more of the good is consumed, the additional satisfaction from another bite will eventually decline. The marginal utility is the satisfaction gained from each additional bite.