Multiple Choice
The following graph shows the total utility (TU) derived by a consumer from the consumption of Pepsi. Which of the following is true of the total utility derived from the consumption of four cans of Pepsi?
Figure 6.1
A) A fourth can of Pepsi increases total utility by 12 units.
B) A fourth can of Pepsi increases total utility by 18 units.
C) A fourth can of Pepsi increases total utility by 20 units.
D) All four cans of Pepsi together yield a total utility of 114 units.
E) All four cans of Pepsi together yield a total utility of 322 units.
Correct Answer:
Verified
Correct Answer:
Verified
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