If marginal utility is diminishing,the marginal utility curve is _____ sloping since each additional unit of the good consumed yields _____ satisfaction than the unit that preceded it.
A)downward ;less
B)upward;more
C)downward;more
D)upward;less

Question

Quizplus · Accepted Answer

According to the law of diminishing marginal utility, as more units of a good are consumed, the additional satisfaction (or marginal utility) derived from each additional unit will eventually start to decrease. This is reflected in a downward-sloping marginal utility curve since each additional unit yields less satisfaction than the previous one. Therefore, option A is the correct answer.

If Marginal Utility Is Diminishing,the Marginal Utility Curve Is _____