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The Marginal Utilities Associated with the First 4 Units of Consumption

Question 7

Multiple Choice

The marginal utilities associated with the first 4 units of consumption of good Y are 10, 12, 9, and 7, respectively. What is the total utility associated with the third unit?


A) 3.
B) 9.
C) 25.
D) 31.

Correct Answer:

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