If other things constant, as more bananas are consumed, marginal utility eventually
A)decreases at the same rate for all people
B)decreases at the same rate for all goods for a given person
C)increases at the same rate for all people
D)decreases at different rates for different people and for other goods
E)decreases at different rates for different people but at the same rate as other goods for an individual

Question

Quizplus · Accepted Answer

Marginal utility is subjective and varies from person to person and also for different goods. As more bananas are consumed, the marginal utility is likely to decrease at different rates for different people based on their individual preferences and also for other goods as the consumer's overall satisfaction increases.

If Other Things Constant, as More Bananas Are Consumed, Marginal