Typically, an individual takes only one newspaper from the bin because
A) of the low marginal utility of additional newspapers.
B) total utility will rise with consumption of more than one newspaper.
C) marginal utility increases with the first consumption of newspapers.
D) there are limited amounts of newspapers in the bin.

Question

Quizplus · Accepted Answer

The low marginal utility of additional newspapers means that the satisfaction gained from consuming more than one newspaper is not worth the additional cost or effort of taking multiple newspapers, so individuals typically only take one.

Typically, an Individual Takes Only One Newspaper from the Bin