-Refer to the above table. Brook's utility schedule shows
A) diminishing marginal utility throughout her entire schedule.
B) initially increasing marginal utility and then decreasing marginal utility.
C) initially decreasing marginal utility and then increasing marginal utility.
D) increasing marginal utility throughout her entire schedule.

Question

-Refer to the above table. Brook's utility schedule shows
A) diminishing marginal utility throughout her entire schedule. 
B) initially increasing marginal utility and then decreasing marginal utility. 
C) initially decreasing marginal utility and then increasing marginal utility. 
D) increasing marginal utility throughout her entire schedule.

Quizplus · Accepted Answer

Brook's utility schedule, which is not visible in the question, typically shows diminishing marginal utility if it follows the common economic principle that as a person consumes more of a good, the additional satisfaction (marginal utility) they get from each additional unit decreases. This is a fundamental concept in economics, reflecting the general behavior of consumers.

-Refer to the Above Table