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    Exam 20: Uncertainty and Information
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    Erika's Utility with $3,000 of Wealth Is 6,000 and Her
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Erika's Utility with $3,000 of Wealth Is 6,000 and Her

Question 12

Question 12

Multiple Choice

Erika's utility with $3,000 of wealth is 6,000 and her utility with $3,001 of wealth is 6,005. Her marginal utility from gaining the additional $1 of wealth is


A) 6,005.
B) 3,001.
C) 6,000.
D) 5.

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