The final mouthful you consume will have a marginal utility of ZERO. Marginal utility, which is measured in utils, is the additional pleasure obtained after consuming one additional unit of an item or service.
- The Right Response is Option b
Alfred Marshall's law
- Total utility is maximised when marginal utility is zero. When the total utility begins to drop, the marginal utility goes negative.
- According to Alfred Marshall's law of decreasing marginal utility, the utility obtained must decrease as more and more units of an item are used.
- The marginal utility obtained from the most recent bite would be 0 if utility is maximised in the case.
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