The utility of the first candy, the satisfaction that the consumer gained when eating the bar is very large . Absolute utility continues growing with each extra bar eaten, although the size of the utility increase is lower from the 3rd to the 4th bar, than from the 1st to the 2nd. Absolute utility grows because more utility is accumulated by each extra bar eaten, but marginal utility gained by passing from one to the next is lower each time.
<u>If the amount of bars consumed is extremely large it can end up generating negative utility</u>. It means that the extra bars up a point, do not bring satisfaction but insatisfacion. In this example, it is easy to imagine the stomachache you might probably have after eating 15 chocolate bars. and hence the negative satisfaction that the consumer would experience.
This passage is about when George Washington used his final public address as president to warn against what he understood as the two greatest dangers to American prosperity: political parties and foreign wars. Washington urged the American people to avoid political partisanship and entanglements with European wars.
Furniture is a highly customized product, but its handling and distribution are complex due to its bulkiness. Therefore, the production phase is a pull system based on realized demand while transportation/distribution of furniture is implemented based on push system with fixed delivery schedules in order to achieve economies of scale.
