Pat's total utility after eating 100 Reese's Peanut Butter Cups was less than his total utility after eating his ninety-ninth.Therefore,Pat's marginal utility for the 100^th peanut butter cup was A)positive,but less than one. B)positive,but less than Pat's marginal utility for the 99^th peanut butter cup. C)zero. D)negative.

Question

Quizplus · Accepted Answer

Marginal utility is the change in total utility from consuming one more unit. If total utility decreases after consuming the 100th cup, the marginal utility for that cup is negative.

Pat's Total Utility After Eating 100 Reese's Peanut Butter Cups