Assuming the price of bananas is zero,Mike will eat bananas until:
A) His total utility is 5,000
B) His total utility is 50
C) His marginal utility of the last banana consumed is 50
D) His marginal utility of the last banana consumed is 0
E) His marginal utility of the last banana consumed is -50

Question

Quizplus · Accepted Answer

When the price is zero, a consumer will consume until the marginal utility of the last unit is zero, as there is no cost to consuming additional units.

Assuming the Price of Bananas Is Zero,Mike Will Eat Bananas