after the consuming 3 ice-cream continuously, marginal utility of a consumer. from 4 ice-cream will____?_____
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Answer:
decrease
Explanation:
because as the consumption of a commodity increase marginal utility decrease according to the law of diminishing marginal rate
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After consuming 3 ice-cream continuously, the marginal utility of a consumer from 4th ice cream will Decrease.
- This is because consumers derive less satisfaction from consuming additional units of ice cream, they will only be willing to buy more of a specific ice cream if the ice cream's price decreases. In this manner, the law of diminishing marginal utility assists explain the law of demand.
- Most goods provide diminishing marginal utility because According to the law of diminishing marginal utility, as the consumption of good gains, the additional amount of satisfaction the good contributes to the consumer decreases. So while having three scoops of ice cream makes you more delighted than two scoops, the second scoop doesn't make you as satisfied as the first one did, and the third one doesn't make you as delighted as the second one did.
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