On the basis of the following table you can conclude that diminishing marginal utility:
A) sets in with the 2nd unit consumed.
B) sets in with the 3rd unit consumed.
C) sets in with the 4th unit consumed.
D) does not set in with any of the units consumed.

Question

On the basis of the following table you can conclude that diminishing marginal utility: 
A) sets in with the 2nd unit consumed. 
B) sets in with the 3rd unit consumed. 
C) sets in with the 4th unit consumed. 
D) does not set in with any of the units consumed.

Quizplus · Accepted Answer

The Answer of On the basis of the following table you can conclude that diminishing marginal utility: 
A) sets in with the 2nd unit consumed. 
B) sets in with the 3rd unit consumed. 
C) sets in with the 4th unit consumed. 
D) does not set in with any of the units consumed.

On the Basis of the Following Table You Can Conclude