menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics
  4. Exam
    Exam 21: Consumer Choice: Maximizing Utility and Behavioral Economics
  5. Question
    Suppose Will Receives 150 Utils from Consuming One Banana and 250
Solved

Suppose Will Receives 150 Utils from Consuming One Banana and 250

Question 133

Question 133

Multiple Choice

Suppose Will receives 150 utils from consuming one banana and 250 utils from consuming two bananas.What is the marginal utility of the second banana?


A) 50 utils
B) 125 utils
C) 100 utils
D) 58 utils
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: A person is said to be in

Q33: The theory of consumer choice assumes that

Q65: The law of diminishing marginal utility can

Q100: Smith says she gets 5 utils from

Q117: When people treat some dollars differently than

Q129: According to the traditional theory of marginal

Q130: The MU/P ratio for good X is

Q132: Suppose Valerie is consuming lipstick (L)and eye

Q134: Exhibit 21-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2061/.jpg" alt="Exhibit 21-2

Q138: Indifference curves are convex to the origin

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines