Nona has just gone on a bike ride for an hour and received a utility of 7.If she chooses to continue to ride her bike for another hour:
A)we can assume she will get at least a utility of 7.
B)we can assume she will get a utility of 7.
C)we can assume she will get less than a utility of 7.
D)we can assume Nona's total utility will fall because of diminishing marginal utility.

Question

Quizplus · Accepted Answer

Due to the principle of diminishing marginal utility, the additional satisfaction (utility) Nona receives from each additional hour of biking is likely to decrease.

Nona Has Just Gone on a Bike Ride for an Hour