As a young man,my great-uncle ate 13 banana splits on a Saturday afternoon and never ate another one for the rest of his life.Most likely the utility of his last banana split was

A) positive.
B) zero.
C) negative.
D) greater than the utility of his 12th banana split.

Question

nazira kassam · Accepted Answer

Final Answer : C, Explanation :  The concept of diminishing marginal utility suggests that as a person consumes more of a good, the satisfaction (utility) from consuming an additional unit decreases. In this case, after consuming such a large number of banana splits, it's likely that the utility of the last banana split was negative, leading to discomfort or a negative experience, which is why he never ate another one.

As a young man,my great-uncle ate 13 banana splits on a Saturday afternoon and never ate another one for the rest of his life.Most likely the utility of his last banana split was

A) positive.
B) zero.
C) negative.
D) greater than the utility of his 12th banana split.

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As a young man,my great-uncle ate 13 banana splits on a Saturday afternoon and never ate another one for the rest of his life.Most likely the utility of his last banana split wasA) positive.B) zero.C) negative.D) greater than the utility of his 12th banana split.

Definitions

Learning Objectives

Learning Objectives

Related questions

As a young man,my great-uncle ate 13 banana splits on a Saturday afternoon and never ate another one for the rest of his life.Most likely the utility of his last banana split was

A) positive.
B) zero.
C) negative.
D) greater than the utility of his 12th banana split.