Chips Sodas

-The table above shows Mary's utility from chips and soda. The table shows that Mary has diminishing marginal utility for
A) both chips and soda.
B) neither chips nor soda.
C) soda, but not chips.
D) chips, but not soda.

Question

Chips Sodas
 
-The table above shows Mary's utility from chips and soda. The table shows that Mary has diminishing marginal utility for
A) both chips and soda. 
B) neither chips nor soda. 
C) soda, but not chips. 
D) chips, but not soda.

Quizplus · Accepted Answer

The concept of diminishing marginal utility implies that as a person consumes more of a good, the additional satisfaction (utility) gained from consuming an additional unit decreases. If the table shows that the additional utility Mary gains from each additional unit of both chips and soda decreases, then she experiences diminishing marginal utility for both goods.

Chips Sodas -The Table Above Shows Mary's Utility from Chips and Soda