Multiple Choice
The following table shows the total utility and marginal utility derived from the consumption of scones. The first column of the table represents the number of scones a consumer consumes in a day. The second column of the table presents the total utility derived from that consumption, and the third column shows the marginal utility of each additional scone. The total utility derived from the consumption of three scones is _____ units.
Table 6.3
A) 34
B) 6
C) 22
D) 12
E) 24
Correct Answer:

Verified
Correct Answer:
Verified
Q47: Suppose Hannah spends $3 to buy five
Q49: Sally wants to visit Orlando during the
Q50: The following diagram shows Ken's demand curve
Q51: The following table shows the marginal utility
Q54: If the amount paid for a good
Q57: Suppose the price of a glass of
Q77: The law of diminishing marginal utility states
Q129: A utility-maximizing consumer equalizes marginal utilities across
Q150: A business executive who buys a portable
Q185: The fact that paper towels are available