Multiple Choice
Exhibit 6-7 Consider Exhibit 6-7.Which of the following is true?
A) A fourth can of Pepsi increases total utility by 12, to 126.
B) A fourth can of Pepsi increases total utility by 18, to 114.
C) A fourth can of Pepsi increases total utility by 114.
D) All four cans of Pepsi together yield a total utility of 18.
E) All four cans of Pepsi together yield a total utility of 322.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Exhibit 6-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-5
Q33: Exhibit 6-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-1
Q34: Carvel advertises a football-shaped ice cream cake
Q35: Exhibit 6-11 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-11
Q36: Exhibit 6-8 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-8
Q38: Exhibit 6-20 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-20
Q39: As long as scarcity exists,<br>A)product prices play
Q40: Exhibit 6-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 6-2
Q41: Utility is<br>A)easily measured because all people derive
Q42: As a consumer buys more of a