Assuming that diminishing marginal utility applies to both pomegranates and bananas,if Vanessa buys more pomegranates and fewer bananas,the _____ utility of pomegranates will _____,and the _____ utility of bananas will _____.
A)marginal;fall;marginal;rise
B)marginal;rise;marginal;fall
C)total;fall;marginal;rise
D)marginal;rise;total;rise

Question

Quizplus · Accepted Answer

According to the principle of diminishing marginal utility, as Vanessa buys more pomegranates, the additional satisfaction (marginal utility) she gets from consuming each additional pomegranate will decrease. Conversely, as she buys fewer bananas, the marginal utility of bananas will increase because she is consuming them less frequently, making each banana more valuable in terms of the satisfaction it provides.

Assuming That Diminishing Marginal Utility Applies to Both Pomegranates and Bananas,if