ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Q10

TABLE 6-2
Quantity
(steaks)
Total Utility
Marginal Utility
1
20
y
18
54
16
Refer to Table 6-2. The table shows Vladimir's total and marginal utility from eating steaks. What is the marginal
utility that Vladimir gets from eating the 2nd steak (y)?
5
12
13
20
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Transcribed Image Text:TABLE 6-2 Quantity (steaks) Total Utility Marginal Utility 1 20 y 18 54 16 Refer to Table 6-2. The table shows Vladimir's total and marginal utility from eating steaks. What is the marginal utility that Vladimir gets from eating the 2nd steak (y)? 5 12 13 20
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