(Consider This)Newspaper dispensing devices seemingly "trust" people to take only a single paper,but the devices actually rely on the law of:
A) supply.
B) increasing opportunity costs.
C) demand.
D) diminishing marginal utility.

Question

Quizplus · Accepted Answer

The law of diminishing marginal utility states that as a person consumes more of a good, the satisfaction or benefit they gain from each additional unit of that good decreases. In the case of newspaper dispensing devices, the first paper taken may have a certain level of utility or satisfaction for the person, but the second or third paper they take may have less utility, and so on. Therefore, the device is designed to rely on this law to deter people from taking more than one paper. Once the satisfaction or benefit from taking additional papers decreases, people are less likely to take more than one.

(Consider This)Newspaper Dispensing Devices Seemingly "Trust" People to Take Only