MARGINAL UTILITY AND MORE The following table shows a total utility schedule for a consumer of chocolate candy bars. Use the table to answer the two questions. Number consumed Total utility Marginal utility (Calculate) O O Please calculate the marginal utilities and then answer the questions. 1. This consumer begins to experience diminishing marginal utility when s/he/they consumes the a. first candy bar b. second candy bar c. third candy bar d. fourth candy bar 2. Marginal utility becomes negative with the consumption of the a. fourth candy bar b. fifth candy bar c. sixth candy bar d. seventh candy bar 3. True or False Marginal utility reaches its maximum when total utility is at its minimum. 4. Give your own example of diminishing marginal utility