Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

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

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.