Moving downward along a demand curve,so that the price falls and the quantity demanded increases,the marginal utility of each additional unit of the good consumed
A) always increases.
B) always decreases.
C) stays the same.
D) could increase, decrease, or stay the same.
E) at first increases and then decreases.

Question

Quizplus · Accepted Answer

The marginal utility of each additional unit of the good consumed decreases as you move downward along a demand curve, reflecting the law of diminishing marginal utility. This principle states that as a person consumes more units of a good, the satisfaction (utility) gained from consuming each additional unit decreases.

Moving Downward Along a Demand Curve,so That the Price Falls