The Law of Diminishing Marginal Utility States That

Multiple Choice

The law of diminishing marginal utility states that:

A) the additional utility from consuming an additional unit of a good declines as more of the good is consumed.
B) the additional utility from consuming an additional unit of a good eventually becomes positive as more of the good is consumed.
C) as less of one good and more of another good is consumed,the marginal utility of the first good eventually declines.
D) total utility eventually increases because marginal utility eventually increases as more of a good is consumed.