Which of these is an example of diminishing marginal utility?

A thirsty person enjoys the first glass of water more than the thirdCorrect answerYour answerA person enjoys every glass of water equallyCorrect answerYour answerA person drinks more water as its price risesCorrect answerYour answerA person stops drinking water for a weekCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer A

Correct answer: A

The first glass meets the strongest thirst; each later glass adds less satisfaction.

Concept: Example of diminishing MU
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsDiminishing marginal utility

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Which of these is an example of diminishing marginal utility?

Explanation