Multiple Choice
Table 7-2
Table 7-2 above shows Keira's utility from soup and sandwiches.The price of soup is $2 per cup and the price of a sandwich is $3.Keira has $18 to spend on these two goods.
-Refer to Table 7-2.What is Keira's marginal utility per dollar spent on the third cup of soup?
A) 72 units of utility
B) 36 units of utility
C) 12 units of utility
D) 6 units of utility
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Economists have used _ and _ in
Q19: If a firm's goal is to maximize
Q32: If marginal utility of apples is diminishing
Q64: Professor Parallax chooses two students in his
Q85: You wish to buy only one CD.
Q168: Table 7-2<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|c|}\hline\begin{array}{c}\text
Q216: If the demand for iPods is price
Q229: If by purchasing more apples and fewer
Q241: Figure 7-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 7-2
Q296: Figure 7-8<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4185/.jpg" alt="Figure 7-8