Marginal utility:
A) generally increases as more of a good is acquired.
B) generally remains constant as more of a good is acquired.
C) generally decreases as more of a good is acquired.
D) begins to fall when total utility reaches its highest point.

Question

Quizplus · Accepted Answer

Marginal utility typically decreases as more of a good is acquired. This is because each additional unit of the good provides less additional satisfaction or utility than the previous unit.

Marginal Utility