To the average consumer, the marginal utility of a second copy of today's newspaper is
A)constant.
B)increasing.
C)close to zero.
D)close to one.

Question

Quizplus · Accepted Answer

The marginal utility of a second copy of today's newspaper is close to zero for the average consumer because they gain very little additional satisfaction from having another identical copy of something they already possess.

To the Average Consumer, the Marginal Utility of a Second