According to utility theory you would consume more and more of a service until your marginal utility
A)fell to the level of price.
B)rose to the level of price.
C)was less than price.
D)was more than price.

Question

Quizplus · Accepted Answer

According to utility theory, consumers will continue purchasing a service or product until the marginal utility (additional satisfaction) derived from the last unit consumed is equal to the price paid for that unit. Therefore, option A is the correct answer.

According to Utility Theory You Would Consume More and More