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1.2.10 Alternative views of consumer behaviour

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Question 3

An amusement arcade in Manchester offers 'unlimited retro game plays for 2 hours for £12'. Under this promotion, customers can play as many games as they want within the time limit.

With reference to the statement above, explain what is meant by 'diminishing marginal utility'.

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Markscheme

1.2.10 Alternative views of consumer behaviour Questions

  1. A Level
  2. /Economics
  3. /1.2.10 Alternative views of consumer behaviour

14 exam-style questions on Edexcel A A Level Economics 1.2.10 Alternative views of consumer behaviour. Each one has a worked solution and a mark scheme showing where the marks go.

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