-Refer to the above table. At what quantity does diminishing marginal utility set in?
A) 1st
B) After 4
C) After 5
D) After 6

Name: -Refer to the above table. At what quantity does diminishing marginal utility set in? A) 1st B) After 4 C) After 5 D) After 6
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Question

-Refer to the above table. At what quantity does diminishing marginal utility set in?
A) 1st 
B) After 4 
C) After 5 
D) After 6

Quizplus · Accepted Answer

Diminishing marginal utility sets in after the 4th unit, as the marginal utility starts to decrease from the 5th unit onwards.

-Refer to the Above Table