Question

Assume Jack is a rational person and has reached the point where the marginal benefit of eating the 8th Krystal burger this week is 30 utility points:___________.

Answer 1

Per additional unit of kystal burger

Step-by-step explanation:

Remember marginal utility is the additional satisfaction derived from consuming more of a product. A rational person (intelligent) may be defined as someone who uses clear thought and reasoning to make decisions.

However, there's a law called the law of diminishing marginal utility which states that at a particular point, Jack's marginal utility from additional consumption of Krystal burger will begin to decrease.