The table below shows the total utility that John gets from ice cream for each quantity he consumes. Fill in the third column showing the marginal utility he gets from each additional scoop. Instructions: Round your answers to the nearest whole number. Quantity of ice cream (scoops) Total utility 1 14 2 20 3 25 4 28 5 29 Marginal utility of the last scoop eaten

The table below shows the total utility that John gets from ice cream for each quantity he consumes. Fill in the third column showing the marginal utility he gets from each additional scoop. Instructions: Round your answers to the nearest whole number. Quantity of ice cream (scoops) Total utility 1 14 2 20 3 25 4 28 5 29 Marginal utility of the last scoop eaten

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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