Number Consumed Total Utility 00 1 11 2 17 3 24 4 30 5 36 6 38 7 39 Based on the data in the table, you can conclude that the Multiple Choice marginal utility of the sixth unit is 2. total utility of 2 units is 16. total utility of 5 units is 88. marginal utility of the fourth unit is 96.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
Problem 3WNG
Question
Don't use ai i will report you answer solve it as soon as possible with proper explanation
Number Consumed Total Utility
00
1 11
2 17
3 24
4 30
5 36
6 38
7 39
Based on the data in the table, you can conclude that the
Multiple Choice
marginal utility of the sixth unit is 2.
total utility of 2 units is 16.
total utility of 5 units is 88.
marginal utility of the fourth unit is 96.
Transcribed Image Text:Number Consumed Total Utility 00 1 11 2 17 3 24 4 30 5 36 6 38 7 39 Based on the data in the table, you can conclude that the Multiple Choice marginal utility of the sixth unit is 2. total utility of 2 units is 16. total utility of 5 units is 88. marginal utility of the fourth unit is 96.
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