Quantity Total utility Marginal utility 1 250 180 3 580 4 700 100 The above table gives some of Tammy's total and marginal utilities from comedy videos. Which of the following statements is TRUE? A. Tammy's marginal utility from the first comedy video is less than her marginal utility from the third comedy video. B. Tammy's total utility from five comedy videos is 800. C. Tammy's marginal utility from the third comedy video is equal to 580/3. D. None of the above answers are correct.

Quantity Total utility Marginal utility 1 250 180 3 580 4 700 100 The above table gives some of Tammy's total and marginal utilities from comedy videos. Which of the following statements is TRUE? A. Tammy's marginal utility from the first comedy video is less than her marginal utility from the third comedy video. B. Tammy's total utility from five comedy videos is 800. C. Tammy's marginal utility from the third comedy video is equal to 580/3. D. None of the above answers are correct.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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