Multiple Choice
Suppose that Dillon derives 40 utils of total utility from eating 5 hotdogs and 42 utils of total utility from eating 6 hotdogs. What is Dillon's marginal utility from eating the 6th hotdog?
A) 2
B) 6
C) 7
D) 6.67
Correct Answer:

Verified
Correct Answer:
Verified
Q285: Holding all other prices and money income
Q286: The consumption possibilities curve is the<br>A) supply
Q287: The budget line<br>A) shifts to the left
Q288: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q289: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q291: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q292: The possible combinations of goods that can
Q293: Utility analysis is the analysis of<br>A) how
Q294: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q295: In economic utility analysis, consumer tastes and