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The Following Table Describes Utility for Consuming Cans of Soda

question 6

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The following table describes utility for consuming cans of soda. At what point does the law of diminishing marginal utility set in?  Cans of Soda  Total utility 114230347457556650742\begin{array}{|c|c|}\hline \text { Cans of Soda } & \text { Total utility } \\\hline 1 & 14 \\\hline 2 & 30 \\\hline 3 & 47 \\\hline 4 & 57 \\\hline 5 & 56 \\\hline 6 & 50 \\\hline 7 & 42 \\\hline\end{array}


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Federal Income Tax

A tax levied by the United States federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

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Individuals or institutions that hold debt securities issued by corporations or governments, entitling them to receive fixed interest payments.

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The actions taken by a government to influence or control various aspects of its economy or society.

Taxes On Saving

Charges imposed by government on the interest earned from savings in financial institutions.

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