Question

sven likes to water ski, but he can only water ski during the one week each year when he is on vacation. therefore, he plans to ski every day, for eight hours a day. the first day, sven skied for eight hours and enjoyed every hour. the second day, sven slept in and then skied for seven hours, which was fun but not as much fun as the first day. the third day, sven skied for six hours, but was starting to get a bit bored by the end. the fourth day, sven skied for four hours and then took a nap. on the fifth day of svens vacation, sven went blueberry picking all day. svens marginal utility from his first hour of skiing was ______ his marginal utility from his tenth hour of skiing. multiple choice the same as less than greater than more negative

Explanation:

The law of diminishing marginal utility states that as a consumer consumes more of a good or service, the additional satisfaction (marginal utility) from each additional unit decreases. Sven enjoyed the first - hour of skiing more than later hours, and by the tenth hour, he would have been even more bored or fatigued compared to the first hour. So, his marginal utility from the first hour of skiing is greater than that from the tenth hour.

Answer:

C. greater than