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Suppose That the Total Utility from Consuming One Unit of Good

Question 103

Multiple Choice

Suppose that the total utility from consuming one unit of good Z is 220 utils,the total utility from consuming two units of good Z is 320 utils,and the total utility from consuming three units of good Z is 400 utils. The marginal utility received from consuming the third unit of good Z is


A) 313.33 utils.
B) 80 utils.
C) 100 utils.
D) 50 utils.

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