If your dinner guest said, "Every bite, including the last bite, tasted as good as the first," then the marginal utility for him
A) is decreasing.
B) is increasing.
C) is constant.
D) is positive.

Question

Quizplus · Accepted Answer

The statement implies that the guest derived the same level of satisfaction from each bite, which means the marginal utility is constant. If the marginal utility were decreasing, the guest would have enjoyed the first bite more than the last one. If the marginal utility were increasing, the guest would have enjoyed the last bite more than the first one.

If Your Dinner Guest Said, "Every Bite, Including the Last