suppose the marginal utility and total utility of mr maxopani is weekly consumption of bananas are both positive and he subsequently consumes fewer bananas per week . what will happen to his marginal and total utility of bananas? explain
Expert's answer
Once a Me Maxopani consumed his first banana, the satisfaction at first is usually greatest. At this point, despite consuming fewer bananas per week, the marginal and total utility will both diminish, however at a slow rate.
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot