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.
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.
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
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