13 ionsIf a consumer receives 22 units of marginal utility for consuming the first can ofsoda, 20 units from consuming the second, and 15 from the third, the total utilityncementsof consuming the three units isamentsalesO 35 utility units.O 15 utility units.O unknown as more information is needed to determine the answer.O 57 utility units.« PreviousNext »29dtv21MacBook Pro

Total utility = mu1 + MU 2 +MU 3 = 22+20+15= 57

If a consumer receives 22 units of marginal utility for consuming the first can of soda, 20 units from consuming the second, and 15 from the third, the total utility of consuming the three units is O 35 utility units. O 15 utility units. O unknown as more information is needed to determine the answer. O 57 utility units.

If a consumer receives 22 units of marginal utility for consuming the first can of soda, 20 units from consuming the second, and 15 from the third, the total utility of consuming the three units is O 35 utility units. O 15 utility units. O unknown as more information is needed to determine the answer. O 57 utility units.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter21: The Theory Of Consumer Choice

Section: Chapter Questions

Problem 3CQQ

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