Linus has just watched two hours of TV. Which of the following is likely true?
A)His second hour of watching TV reduced his total utility.
B)His second hour of watching TV added less to his total utility than did the first.
C)His third hour of watching TV will decrease his total utility.
D)His third hour of watching TV will increase his total utility by at least as much as the second.

Question

Quizplus · Accepted Answer

The concept of diminishing marginal utility suggests that as a person consumes more of a good, the additional satisfaction (utility) gained from consuming an additional unit of that good decreases. Therefore, Linus's second hour of watching TV likely added less to his total utility than the first hour did.

Linus Has Just Watched Two Hours of TV