For each of the following situations, decide whether AlI has diminishing marginal utility and why. a. The more economics classes Al takes, the more he b. Al likes loud music. In fact, according to him, “the enjoys the subject. And the more classes he takes, the louder, the better." Each time he turns the volume up a easier each one gets, making him enjoy each additional notch, he adds 5 utils to his total utility. class even more than the one before. O Al doesn't have diminishing marginal utility, he has Al has diminishing marginal utility because he enjoys each class more and more. constant marginal utility. Al doesn't have diminishing marginal utility, he has increasing marginal utility. Al has diminishing marginal utility because he enjoys each class less and less. Al has diminishing marginal utility because he gets 5 Al doesn't have diminishing marginal utility, he has utils of utility for each notch. increasing marginal utility. Al has diminishing marginal utility because his Al doesn't have diminishing marginal utility, he has constant marginal utility. utility decreases with each notch. c. Al enjoys watching reruns of the X Files. He claims d. Al loves toasted marshmallows. The more he eats, that these episodes are always exciting, but he does admit however, the fuller he gets, and the less he enjoys each that the more times he sees an episode, the less exciting it additional marshmallow. And there is a point at which he gets. becomes satiated: beyond that point, more marshmallows actually make him feel worse rather than better. Al has diminishing marginal utility because his Al initially has decreasing utility, then after satiation, he has diminishing marginal utility. utility decreases with each viewing. Al doesn't have diminishing marginal utility, because his utility is increasing. Al has diminishing marginal utility because he starts to enjoy marshmallows less and less. Al doesn't have diminishing marginal utility, he has Al doesn't have diminishing marginal utility, because his utility is constant. increasing marginal utility. Al has diminishing marginal utility because his utility increases by smaller amounts each viewing. Al initially has diminishing marginal utility, but after satiation, his utility starts to decrease.