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The concept of the margin

Easy
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Question 2

A customer's total utility (measured in utils) from consuming consecutive slices of pizza is shown in the table below:

Slice of PizzaTotal Utility (utils)
125
255
390
4130
5165
6195
7215

At which slice of pizza does the consumer begin to experience diminishing marginal utility?

A

3

B

4

C

5

D

6

Markscheme

The concept of the margin Questions

  1. A Level
  2. /Economics
  3. /The concept of the margin

11 exam-style questions on OCR A Level Economics The concept of the margin. Each one has a worked solution and a mark scheme showing where the marks go.

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