If finding the last stamp to complete your collection makes you happier than finding the first, then:
A) marginal utility is zero.
B) marginal utility is negative.
C) total utility is decreasing.
D) marginal utility is not diminishing.

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional satisfaction or happiness a consumer gains from consuming one more unit of a good or service. If finding the last stamp makes you happier than finding the first, it suggests that the additional satisfaction from each new stamp is increasing rather than decreasing, which contradicts the principle of diminishing marginal utility.

If Finding the Last Stamp to Complete Your Collection Makes