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The table shows the utility schedule for a consumer of candy bars. Number Consumed Total Utility 0 0 1 5 2 11 3 18 4
The table shows the utility schedule for a consumer of candy bars.
| Number Consumed | Total Utility |
|---|---|
| 0 | 0 |
| 1 | 5 |
| 2 | 11 |
| 3 | 18 |
| 4 | 24 |
| 5 | 30 |
| 6 | 35 |
| 7 | 32 |
Based on the data in the table, you can conclude that the
Multiple Choice
- marginal utility of the sixth unit is 210.
- total utility of 4 units is 58.
- total utility of 2 units is 16.
- marginal utility of the third unit is 7.
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Global Development And The Environment Perspectives On Sustainability
Authors: Joel Darmstadter
1st Edition
1317335686, 9781317335689
