Solved

Suppose Will Receives 190 Utils from Consuming One Banana and 280

Question 10

Multiple Choice

Suppose Will receives 190 utils from consuming one banana and 280 utils from consuming two bananas. What is the marginal utility of the second banana?


A) 470 utils
B) 235 utils
C) 90 utils
D) 280 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

Q5: Consumers tend to equate total utilities per

Q6: Exhibit 20-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 20-4

Q7: Exhibit 20-2<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 20-2 ​

Q8: A person is said to be in

Q9: Exhibit 20-2<br>​<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 20-2 ​

Q11: Consumer equilibrium exists when an individual<br>A)can be

Q12: Given the choice between a sure-thing option

Q13: Consumer equilibrium occurs at the point where

Q14: If the MU/P ratio for good X

Q15: Consumer equilibrium exists when the<br>A)slope of the