Question

Generally speaking, as more of a particular good is purchased, a consumer's marginal utility.

a) Increases
b) Decreases
c) Remains constant
d) Fluctuates randomly

Answer 1

The consumer's marginal utility generally decreases as more of a particular good is purchased.

Step-by-step explanation:

The correct answer is b) Decreases. As more of a particular good is purchased, a consumer's marginal utility generally decreases. Marginal utility is the additional satisfaction or benefit that a person derives from consuming one additional unit of a good.