📊 MicroEconomics, Theory and Applications 1
Q. Which situation is consistent with the law of diminishing marginal utility?
  • (A) the more cake henry eats, the more he enjoys another slice.
  • (B) the more cake henry eats, the less he enjoys another slice.
  • (C) henry’s marginal utility from eating cake becomes positive after eating threeslices.
  • (D) henry’s marginal utility from eating cake reaches a maximum when total utilityis zero.
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✅ Correct Answer: (B) the more cake henry eats, the less he enjoys another slice.

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