Exhibit 6-7 Marginal utility for sandwiches and sodas $$\begin{array} { | c | c | c | }
\hline \text { Quantity } & \text { Sandwiches } & \text { Sodas } \
\hline 1 & 10 & 5 \
2 & 8 & 4 \
3 & 6 & 3 \
4 & 3 & 1 \
5 & - 1 & 0 \
\hline
\end{array}$$
-Refer to Exhibit 6-7. Diminishing marginal utility for sandwiches sets in after the ____ sandwich.

Question

Exhibit 6-7 Marginal utility for sandwiches and sodas $$\begin{array} { | c | c | c | } 
\hline \text { Quantity } & \text { Sandwiches } & \text { Sodas } \
\hline 1 & 10 & 5 \
2 & 8 & 4 \
3 & 6 & 3 \
4 & 3 & 1 \
5 & - 1 & 0 \
\hline
\end{array}$$
-Refer to Exhibit 6-7. Diminishing marginal utility for sandwiches sets in after the ____ sandwich.

Quizplus · Accepted Answer

Diminishing marginal utility occurs when the additional satisfaction from consuming an additional unit decreases. For sandwiches, the marginal utility decreases from 10 to 8 after the first sandwich.

Exhibit 6-7 Marginal Utility for Sandwiches and Sodas -Refer to Exhibit 6-7