(Table) In the table, both root beer and candy bars exhibit _____ utility.
$\begin{array}{l}
\hline \quad \quad \quad {\text { Root Beer }} \quad \quad \quad \quad \quad \quad \quad \quad {\text { Candy Bars }} \
\begin{array}{|c|c|c|c|}

\hline \text { Quantity } & \text { Total Utility } & \text { Quantity } & \text { Total Utility } \
\hline 0 & 0 & 0 & 0 \
\hline 1 & 60 & 1 & 80 \
\hline 2 & 110 & 2 & 150 \
\hline 3 & 150 & 3 & 200 \
\hline 4 & 180 & 4 & 230 \
\hline 5 & 200 & 5 & 240 \
\hline
\end{array}\end{array}$
A) diminishing total
B) diminishing marginal
C) increasing marginal
D) both diminishing total utility and diminishing marginal

Question

(Table) In the table, both root beer and candy bars exhibit _____ utility.
$\begin{array}{l}
\hline  \quad  \quad  \quad {\text { Root Beer }}  \quad  \quad  \quad  \quad  \quad  \quad  \quad  \quad  {\text { Candy Bars }} \
\begin{array}{|c|c|c|c|}

\hline \text { Quantity } & \text { Total Utility } & \text { Quantity } & \text { Total Utility } \
\hline 0 & 0 & 0 & 0 \
\hline 1 & 60 & 1 & 80 \
\hline 2 & 110 & 2 & 150 \
\hline 3 & 150 & 3 & 200 \
\hline 4 & 180 & 4 & 230 \
\hline 5 & 200 & 5 & 240 \
\hline
\end{array}\end{array}$
A) diminishing total
B) diminishing marginal
C) increasing marginal
D) both diminishing total utility and diminishing marginal

Quizplus · Accepted Answer

The table shows that as more units of root beer and candy bars are consumed, the additional (marginal) utility gained from consuming one more unit decreases, indicating diminishing marginal utility. Total utility continues to increase with each additional unit, albeit at a decreasing rate, which is characteristic of diminishing marginal utility, not diminishing total utility.

(Table) in the Table, Both Root Beer and Candy Bars