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Which of the Following Statements Is True Because of the Principle

question 472

Essay

Which of the following statements is true because of the principle of diminishing marginal utility?
A.When a customer continues to eat more pie at the Pie Palace, each additional piece of pie gives a larger amount of marginal utility.
B.When a customer continues to eat more pie at the Pie Palace, each additional piece of pie gives a smaller amount of marginal utility.
C.The marginal utility of a piece of pie is maximized when the total utility of pie is zero.
D.The total utility of pie is at a maximum while the marginal utility of pie is still increasing.


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