The principle of diminishing marginal utility means that,when Sarah eats pizza,her satisfaction from the second slice of pizza is probably _____ that from the first.
A)greater than
B)equal to
C)less than
D)not comparable to

Question

Quizplus · Accepted Answer

The principle of diminishing marginal utility states that as a person consumes more and more of a good, the satisfaction or utility derived from each additional unit of the good decreases. Therefore, Sarah's satisfaction from the second slice of pizza is likely to be less than that from the first.

The Principle of Diminishing Marginal Utility Means That,when Sarah Eats