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Consider the following table showing the units of good Y consumed and the total utility gained by a consumer at each level of consumption. Units
Consider the following table showing the units of good Y consumed and the total utility gained by a consumer at each level of consumption.
Units of Y
TUY
1
16
2
24
3
30
4
34
5
36
What is the marginal utility of the fourth unit of Y for this consumer?
- A.30 utils
- B.2 utils
- C.34 utils
- D.4 utils
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