Question
Topic: Maximizing Utility and Behavioral Economics An increase in total satisfaction in the consumption of good A from 5 utils to 15 utils as a
Topic: Maximizing Utility and Behavioral Economics
An increase in total satisfaction in the consumption of good A from 5 utils to 15 utils as a result of increase in consumption by 2 units implies that the marginal utility of good A at that level of consumption is
a. 7.5 utils
b. 5 utils
c. 2.5 utils
d. 1.5 utils
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Principles Of Microeconomics 3e By OpenStax
Authors: OpenStax
3rd Edition
1711471496, 978-1711471495
