Multiple Choice
Exhibit 5-3
-Exhibit 5-3 shows Alison's total utility from consuming yogurt. Which of the following is true?
A) The marginal utility of the second cup of yogurt is 1 unit of utility.
B) The marginal utility of the third cup of yogurt is 20 units of utility.
C) The marginal utility of the fourth cup of yogurt is 1 unit of utility.
D) The marginal utility of the fourth cup of yogurt is 21 units of utility.
E) The marginal utility of the first cup of yogurt is 0.
Correct Answer:

Verified
Correct Answer:
Verified
Q142: Suppose that Mary's willingness to pay for
Q143: As you move down your indifference curve,
Q144: Other things being equal, if there is
Q145: Which of the following represents the substitution
Q146: When utility derived from many goods is
Q148: Refer to the table below. Calculate the
Q149: Exhibit 5A-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 5A-2
Q150: When marginal utility is positive but decreasing,
Q151: The height of a demand curve represents
Q152: Water is cheaper than diamonds because<br>A)water is