Multiple Choice
If a consumer receives 20 units of utility from consuming two chocolate bars, and 25 units of utility from consuming three chocolate bars, the marginal utility of the third chocolate bar is
A) 25 utility units.
B) 20 utility units.
C) 5 utility units.
D) unknown as more information is needed to determine the answer.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: The amount of income a consumer has
Q91: Once a product becomes established, network externalities
Q95: The absolute value of the slope of
Q97: Health clubs typically experience an increase in
Q99: What does the law of diminishing marginal
Q104: Table 6.3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Table 6.3
Q105: If Ewan is consuming his utility maximising
Q147: Arnold Kim began blogging about Apple products
Q214: What is marginal utility and what is
Q229: If by purchasing more apples and fewer