Given that price is constant, the lower the marginal utility of a good as more of the good is consumed the:
A) less you are willing to buy of it.
B) more you are willing to buy of it.
C) fewer substitutes there are.
D) more substitutes there are.

Question

Quizplus · Accepted Answer

As more of a good is consumed, its marginal utility decreases, making consumers less willing to buy additional units at the same price.

Given That Price Is Constant, the Lower the Marginal Utility