Suppose That There Are Five Bottles of Lemonade, Each of Which

Question 42
Multiple Choice

Suppose that there are five bottles of lemonade, each of which gives a consumer the same level of utility. According to the law of diminishing marginal utility, how can the consumer receive the highest utility? A)Consume all five bottles in the next hour B)Consume all five bottles today C)Consume all five bottles in one day next week D)Consume two bottles today and three tomorrow E)Consume one bottle each day for the next five days