Question

Give a real-life example (from your daily life) that illustrates total utility rising as marginal utility declines.​

Answer 1

Answer:

For example, I bought pizza to satisfy my cravings. As I ate the first slice, the satisfaction is rising, but the marginal utility lessen. At my second slice, total utility increases, and the marginal utility decreases. and so on.

Explanation:

Because as we are getting satisfied, the marginal utility is diminished.