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1.2 Individual economic decision making (A-level only)

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Question 11

Figure 3 shows the marginal utility that a consumer gains from drinking bottles of sports drink per day.

Figure 3: Marginal utility curve

Number of bottles of sports drink per dayMarginal utility
125
220
314
48
53
60

When 6 bottles of sports drink per day are consumed:

average utility is maximised.

marginal utility is maximised.

opportunity cost is minimised.

total utility is maximised.

1.2 Individual economic decision making (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.2 Individual economic decision making (A-level only)