-In the table above, Ron's marginal utility is
A) constant.
B) diminishing.
C) increasing.
D) negative.

Name: -In the table above, Ron's marginal utility is A) constant. B) diminishing. C) increasing. D) negative.
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Question

-In the table above, Ron's marginal utility is
A) constant. 
B) diminishing. 
C) increasing. 
D) negative.

Quizplus · Accepted Answer

Marginal utility typically diminishes as more of a good is consumed, meaning each additional unit provides less additional satisfaction.

-In the Table Above, Ron's Marginal Utility Is