As the quantity of a good consumed increases, its marginal utility ________ and its total utility ________.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases

Question

Quizplus · Accepted Answer

As more of a good is consumed, the additional satisfaction (marginal utility) from consuming each additional unit typically decreases, while the overall satisfaction (total utility) continues to increase until it reaches a maximum point.

As the Quantity of a Good Consumed Increases, Its Marginal