-Refer to the above table. At what quantity does diminishing marginal utility set in?
A) After 0.
B) After 1.
C) After 2.
D) After 10.

Name: -Refer to the above table. At what quantity does diminishing marginal utility set in? A) After 0. B) After 1. C) After 2. D) After 10.
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Question

-Refer to the above table. At what quantity does diminishing marginal utility set in?
A) After 0. 
B) After 1. 
C) After 2. 
D) After 10.

Quizplus · Accepted Answer

Diminishing marginal utility sets in after the second unit, as the additional satisfaction from consuming each additional unit starts to decrease after the second unit.

-Refer to the Above Table