If you have been consuming large quantities of ice cream on a hot summer afternoon and you decide to refrain from any additional consumption, it can be concluded that
A) total utility has reached a minimum and the marginal utility of an additional drink would be large.
B) total utility has reached a maximum and the marginal utility of an additional drink would be small.
C) total utility has reached a maximum and the marginal utility of an additional drink would be zero.
D) total utility has reached a minimum and the marginal utility of an additional drink would be negative.

Question

Quizplus · Accepted Answer

When you decide to stop consuming more ice cream, it indicates that the total utility has reached its maximum, and the marginal utility of consuming an additional unit is zero, meaning no additional satisfaction would be gained.

If You Have Been Consuming Large Quantities of Ice Cream