Diminishing Marginal Utility
November 15th, 2022
You will want to create a tab that illustrates your consumption at a restaurant of a product that you like to consume a lot of. You will need to have the following three columns with your table: number of units (you determine the product), marginal utility, and total utility. You will determine your marginal utility and total utility and then after you fill out the table, you will want to explain where you will stop consuming the good that you selected.