If, when you consume another piece of candy, your marginal utility is zero, then you have gotten the most out of eating candy overall.
What is marginal utility?
- Utility in economics refers to the pleasure or advantage obtained from using a thing.
- A good or service's marginal utility quantifies how much consumers enjoy or are satisfied after increasing or decreasing their use by one unit.
- You may purchase an iced doughnut, for instance. You consequently gain some degree of utility or satisfaction from it.
- The general rule in economics is that marginal utility equals total utility change divided by change in quantity of goods.
- The equation looks like this: Total utility difference divided by amount of commodities difference equals marginal utility.
Learn more about marginal utility here:
https://brainly.com/question/15561406
#SPJ4