Question
Cookie Monster loves cookies! The table shows how his utility varies with cookie consumption, but the table is missing some numbers (possibly because Cookie Monster
Cookie Monster loves cookies! The table shows how his utility varies with cookie consumption, but the table is missing some numbers (possibly because Cookie Monster also loves to eat many otherthings).
| Cookies consumed (cookies) | Total utility (units) | Marginal utility (units) |
|---|---|---|
| 0 | 0 | -- |
| 1 | 100 | 100 |
| 2 | 250 | |
| 3 | 390 | 140 |
| 4 | 530 | |
| 5 | 630 | 100 |
| 6 | 75 | |
| 7 | 70 |
Cookie Monster's marginal utility from the fourth cookieis
units
What is Cookie Monster's total utility when he eats 6cookies?
units
Cookie number __________tastes the best to CookieMonster.
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Essentials Of Accounting
Authors: Robert N Anthony, Leslie K Breitner
10th Edition
136071821, 9780136071822
