As you consume more of good A relative to another good B, the _______ of good A eventually decreases.
A) total utility
B) usefulness
C) marginal utility
D) demand

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional utility received from consuming an additional unit of a good. As more of good A is consumed, the marginal utility of each additional unit of good A will eventually decrease. This is due to the law of diminishing marginal utility, which states that as consumption of a good increases, the additional utility received from each additional unit of the good will eventually decrease.

As You Consume More of Good a Relative to Another