​Fritos​Fruit drinks Quantity Total utility Quantity Total utility 0 0 0 0 1 40 1 50 2 75 2 95 3 105 3 135 4 130 4 170 5 150 5 200 6 165 6 225   3. The table above shows the total utility from the two goods Freddy likes to consume. The marginal utility Freddy receives from consuming an extra bag of Fritos A) depends on the quantity of fruit drinks consumed. B) decreases as he consumes more bags of Fritos. C) decreases as he consumes more fruit drinks. D) equals 75 when he consumes 2 bags of Fritos.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter6: Consumer Choices
Section: Chapter Questions
Problem 2SCQ: Take Jeremys total utility information in Exercise 6.1, and use the marginal utility approach to...
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​Fritos​Fruit drinks

Quantity

Total

utility

Quantity

Total

utility

0

0

0

0

1

40

1

50

2

75

2

95

3

105

3

135

4

130

4

170

5

150

5

200

6

165

6

225

 

3. The table above shows the total utility from the two goods Freddy likes to consume. The marginal utility Freddy receives from consuming an extra bag of Fritos

A) depends on the quantity of fruit drinks consumed.

B) decreases as he consumes more bags of Fritos.

C) decreases as he consumes more fruit drinks.

D) equals 75 when he consumes 2 bags of Fritos.

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