Grace has just eaten a slice of pizza and received a utility of 8.If she chooses to eat a second slice:
A)she will experience a drop in total utility.
B)she is not acting rationally.
C)she will derive less than a utility of 8 from it.
D)None of these is true.

Question

Quizplus · Accepted Answer

According to the law of diminishing marginal utility, the additional satisfaction (utility) from consuming an additional unit of a good (in this case, a second slice of pizza) is typically less than the satisfaction gained from consuming the previous unit.

Grace Has Just Eaten a Slice of Pizza and Received