For your typical consumption levels of water and diamonds, the good with the higher marginal utility is ; the good with the higher total utility is ; and the good with the greatest consumer surplus is .
A) water; water; water
B) diamonds; water; water
C) water; water; diamonds
D) water; diamonds; water
E) diamonds; water; diamonds

Question

Quizplus · Accepted Answer

The Answer of For your typical consumption levels of water and diamonds, the good with the higher marginal utility is ; the good with the higher total utility is ; and the good with the greatest consumer surplus is .
A) water; water; water
B) diamonds; water; water
C) water; water; diamonds
D) water; diamonds; water
E) diamonds; water; diamonds

For Your Typical Consumption Levels of Water and Diamonds, the Good