Suppose a person is a fan of chocolates and decides one day to go buy several. The marginal utilities of the first 4 of them were 4,5,5 and 6 respectively. Then the fifth and sixth had a marginal utility of 6 each and between the seventh and tenth candy their marginal utility was 4,3,2 and 1 respectively. Based on the above, answer the following: If it is supposed to entertain more consumption, it is better for the consumer. Why is it that the marginal utility of candy 4 is greater than that of candy 8?

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Marginal utility represents the additional satisfaction gained from consuming one more unit of a goo... View the full answer