Answer :
B. diminishing marginal utility. As automakers add more infotainment systems to their vehicles, consumers will experience diminishing marginal utility.
Each additional feature will provide less added satisfaction than the previous one. Therefore, the overall benefit decreases with each new feature.
Each year, automakers expand the array of infotainment systems included with their vehicles. As the number of digital systems added to a typical vehicle increases, consumers will experience diminishing marginal utility. This economic concept implies that each additional infotainment feature added to the car will provide less additional satisfaction or utility to the consumer than the previous one.
For example, the first few features like a GPS system or a high-quality audio system might significantly improve user experience, but as more features are added, the incremental benefit of each additional feature decreases.
To summarize, the more digital infotainment systems are added to a car, the less each additional system contributes to the overall utility, leading to diminishing marginal utility.
The complete question is given below :
Each year, automakers expand the array of infotainment systerns included withm the vehicles that they oller tox sain. As the number of digital systems added to a typical vehicle increases, consumers will exporence
A. zero marginal utility.
B. diminishing marginal utility
C. cincreasing marginal utility.
D. Dutility maximization.