ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Question
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
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marginal utility of the seventh unit is 224. -
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