Solved

Assume the Total Utilities Corresponding to the First Four Units

Question 70

Multiple Choice

Assume the total utilities corresponding to the first four units of a product consumed are 8, 12, 14, and 15, respectively. The marginal utility of the second unit consumed is:


A) 0.
B) 4.
C) 12.
D) 20.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions