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    Exam 21: Consumer Choice: Maximizing Utility and Behavioral Economics
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    Suppose That the Total Utility from Consuming One Unit of Good
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Suppose That the Total Utility from Consuming One Unit of Good

Question 117

Question 117

Multiple Choice

Suppose that the total utility from consuming one unit of good X is 54 utils,the total utility of two units of good X is 74 utils,and the total utility of three units of good X is 84 utils. The marginal utility of the third unit is


A) 10 utils.
B) 70.67 utils.
C) 12.25 utils.
D) 20 utils.

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