What does the law of diminishing marginal utility state? A. As a consumer decreases consumption of a good, the total utility received from that good increases. B. As a consumer increases consumption of a good, the total utility received from that good decreases. C. As a consumer increases consumption of a good, the marginal utility received from that good decreases. D. As a consumer decreases consumption of a good, the marginal utility received form that good decreases.

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Little Bear

11 August, 11:07

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Abram Odonnell · Answer 1

I think is D because the more the cinsumer uses the good it will decrease so the utility will receive less goods