Multiple Choice
Suppose that the total utility from consuming one unit of good Z is 80 utils, the total utility from consuming two units of good Z is 125 utils, and the total utility from consuming three units of good Z is 160 utils. The marginal utility received from consuming the third unit of good Z is
A) 365 utils.
B) 35 utils.
C) 45 utils.
D) 50 utils.
Correct Answer:

Verified
Correct Answer:
Verified
Q113: Given two goods, X and Y, and
Q114: Total utility<br>A)is the total amount of satisfaction
Q115: A good can have high total utility
Q116: Suppose a consumer is purchasing Coke and
Q117: When people treat some dollars differently than
Q119: The 100th game of chess gives Jones
Q120: The diamond-water paradox is illustrated by which
Q121: Exhibit 20-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 20-4
Q122: Economists David Zizzo and Andrew Oswald found
Q123: Exhibit 20-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6992/.jpg" alt="Exhibit 20-1