What is the total utility at 3 units and the marginal utility when Jill goes from consuming
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the total utility at 3 units and the marginal utility when Jill goes from consuming two bananas to three bananas?
Quantity | Marginal Utility |
---|---|
1 | 20 |
2 | 15 |
3 | 10 |
4 | 5 |
5 | 0 |
6 | -5 |
Group of answer choices
Total utility = 50 ; Marginal Utility = 5
Total utility = 45 ; Marginal Utility = 5
Total utility = 45 ; Marginal Utility = 10
Posted Date: