Commodity Utility 3 36 4 80 150 252 7 350 8 440 Refer to the table. What is the marginal utility of the fourth unit? Multiple Choice 40 44 320 116
Commodity Utility 3 36 4 80 150 252 7 350 8 440 Refer to the table. What is the marginal utility of the fourth unit? Multiple Choice 40 44 320 116
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Number of Units of
Total
Commodity
Utility
3
36
4
80
5
150
252
7
350
8
440
Refer to the table. What is the marginal utility of the fourth unit?
Multiple Choice
40
44
320
116
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