Solved

If the Total Utility from Consuming the Fifth Unit of a Product

Question 161

Multiple Choice

If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the total utility from consuming four units must be


A) 168.
B) 27.
C) 156.
D) 972.

Correct Answer:

verifed

Verified

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

Related Questions

Q7: If total utility is increasing, then marginal

Q24: Indifference analysis assumes that utility is numerically

Q157: (Consider This) A topographical map shows successively

Q158: Answer the question on the basis of

Q160: An increase in the productivity of labor

Q162: Most economists contend that<br>A) noncash gifts are

Q166: Answer the question on the basis of

Q189: Many people do not steal or commit

Q252: The marginal rate of substitution measures the<br>A)magnitude

Q277: To the average consumer, the marginal utility