Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

You are having lunch at an all-you-can-eat buffet. if you are rational, what should be your marginal utility from the last morsel of food you swallow?

Sagot :

khuranashilpa76

The regulation of diminishing marginal utility states that as increasingly more appropriate is eaten up, the marginal utility of each extra unit eaten up, decreases.

Marginal utility from the remaining morsel of food you swallow must be zero. The marginal cost of a further morsel of meals is zero at a buffet. making use of the Rational Spending Rule, a rational person will eat till the marginal application of the remaining morsel falls to zero.

Now a rational eater might eat the buffet till the marginal utility will become 0. As consuming after this factor will lead to poor software with a view to now begin lowering its general utility. that is, the character might now end up sick if he consumes more unit 0.

Learn more about marginal utility here:-https://brainly.com/question/15050855

#SPJ4

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.