-Refer to the above figures. Julie's total utility for consuming donuts reaches a maximum at 4 cookies. Which panel best represents marginal utility?
A) Panel A
B) Panel B
C) Panel C
D) Panel D

Question

-Refer to the above figures. Julie's total utility for consuming donuts reaches a maximum at 4 cookies. Which panel best represents marginal utility?
A) Panel A 
B) Panel B 
C) Panel C 
D) Panel D

Quizplus · Accepted Answer

Panel B best represents marginal utility because it shows diminishing marginal utility with each additional cookie consumed, and the total utility peaks at 4 cookies, which aligns with the given information.

-Refer to the Above Figures