Question
The table below shows the marginal utility that David enjoys based on the number of t-shirts he purchases. T-shirts Purchased Marginal Utility 1 8 2
The table below shows the marginal utility that David enjoys based on the number of t-shirts he purchases.
| T-shirts Purchased | Marginal Utility |
|---|---|
| 1 | 8 |
| 2 | 7 |
| 3 | 6 |
| 4 | 5 |
| 5 | 4 |
| 6 | 2 |
Based on the table above, what is the total utility that David enjoys from purchasing three t-shirts?
6 utils 12 utils 15 utils 18 utils 21 utils
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
8th Canadian Edition
134646355, 9780134842615 , 978-0134646350
