Refer to the following table to answer the following questions:

-This consumer experiences diminishing marginal utility
A) over all levels of consumption.
B) up until she consumes her fifth soda.
C) up until she consumes her sixth soda.
D) from her sixth soda on.
E) for her fifth and sixth sodas only.

Question

Refer to the following table to answer the following questions:
 
-This consumer experiences diminishing marginal utility
A) over all levels of consumption. 
B) up until she consumes her fifth soda. 
C) up until she consumes her sixth soda. 
D) from her sixth soda on. 
E) for her fifth and sixth sodas only.

Quizplus · Accepted Answer

Diminishing marginal utility is a principle stating that as a person consumes more of a good, the additional satisfaction (utility) gained from consuming an additional unit of that good decreases. This principle applies over all levels of consumption, not just beyond a certain point or for specific units.

Refer to the Following Table to Answer the Following Questions