Multiple Choice
The table given below depicts the total utility derived from the consumption of a good.Table 7.1
-If one were to plot the data from Table 7.1 (with utility on the vertical axis and quantity of the good on the horizontal axis) :
A) the total utility curve would begin to decline after the second unit of the good.
B) the marginal utility curve would begin to decline after the third unit of the good.
C) the marginal utility curve would intersect the horizontal axis at the third unit of the good.
D) the marginal utility curve would intersect the horizontal axis at the second unit of the good.
E) the total utility curve would rise from the first unit to the fifth unit.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: The table given below reports the total
Q50: The below figure shows the various combinations
Q51: The below figure shows the various combinations
Q52: The table given below reports the total
Q53: The below table shows the average utility
Q55: The below figure shows the various combinations
Q56: The below indifference map shows the various
Q57: The table below shows the total utility
Q58: The table given below depicts the total
Q59: The below indifference map shows the various