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Question
Quantity Per Week | Total Utility | |||
| Amy | Robert | David | Michelle | |
| 0 | 0 | 0 | 0 | 0 |
| 1 | 5.0 | 100 | 600 | 60 |
| 2 | 9.9 | 190 | 1200 | 130 |
| 3 | 14.7 | 270 | 1800 | 220 |
| 4 | 19.4 | 340 | 2400 | 310 |
| 5 | 24.0 | 400 | 3000 | 425 |
| 6 | 28.5 | 450 | 3600 | 575 |
| 7 | 32.9 | 490 | 4200 | 900 |
| 8 | 37.2 | 520 | 4800 | 1275 |
| 9 | 41.4 | 510 | 5400 | 1770 |
Refer to the above table. Davidʹs utility schedule is characterized by
A) diminishing marginal utility.
B) increasing marginal utility.
C) constant marginal utility.
D) decreasing marginal utility.
Answer
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