Multiple Choice
Suppose the marginal utilities for the first three cans of coke are 100, 80 and 60, respectively.What is the total utility received from consuming 2 cans?
A) 20.
B) 80.
C) 90.
D) 180.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q60: A common mistake made by consumers is
Q162: Results of the ultimatum game indicate that
Q174: Social influence is likely to have the
Q175: The demand curve for corn is downward
Q176: Marv Pilson has $50 worth of groceries
Q177: If, when you consume another piece of
Q180: Figure 6.6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Figure 6.6
Q181: Standard economic theory asserts that sunk costs
Q182: The slope of an indifference curve<br>A)is calculated
Q195: The demand curve for a luxury good