Quarts ofice creamTotal utility from ice cream00180215032104260 From the information in the above table, what is the marginal utility of the third quart of ice cream?A) 80B) 70C) 60D) 230    Pizza                         PepsiSlices per weekTotal utilityQuantity per weekTotal utility0000110017021502130317531804190422051955250 The table shows Elaine's utility from pizza and Pepsi. If Elaine consumes 2 slices of pizza and 3 Pepsis, her marginal utility from the fourth Pepsi is ________ units.A) 60B) 54C) 40D) 220                           Fritos                         Fruit drinksQuantityTotalutilityQuantityTotalutility000014015027529531053135413041705150520061656225 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 FritosA) 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.  The table above shows the total utility from the two goods Freddy likes to consume. Suppose that Freddy has already eaten 5 bags of Fritos. If he consumes one more bag, his marginal utility willA) equal 40.B) equal 35.C) equal 15.D) depend on the price of the extra bag.  The table above shows the total utility from the two goods Freddy likes to consume. If Freddy has consumed 4 fruit drinks and then decides to drink anotherA) his total utility will increase.B) the marginal utility from the 5th drink equals 30.C) the marginal utility from the 5th drinks equals 50.D) Both answers A and B are correct.

Question
Asked Mar 24, 2020
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Quarts of

ice cream

Total utility from ice cream

0

0

1

80

2

150

3

210

4

260

 

  1. From the information in the above table, what is the marginal utility of the third quart of ice cream?
  2. A) 80
  3. B) 70
  4. C) 60
  5. D) 230

 

 

 

 

Pizza                         Pepsi

Slices per week

Total utility

Quantity per week

Total utility

0

0

0

0

1

100

1

70

2

150

2

130

3

175

3

180

4

190

4

220

5

195

5

250

 

  1. The table shows Elaine's utility from pizza and Pepsi. If Elaine consumes 2 slices of pizza and 3 Pepsis, her marginal utility from the fourth Pepsi is ________ units.
  2. A) 60
  3. B) 54
  4. C) 40
  5. D) 220

 

 

                         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

 

  1. 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
  2. A) depends on the quantity of fruit drinks consumed.
  3. B) decreases as he consumes more bags of Fritos.
  4. C) decreases as he consumes more fruit drinks.
  5. D) equals 75 when he consumes 2 bags of Fritos.

 

 

  1. The table above shows the total utility from the two goods Freddy likes to consume. Suppose that Freddy has already eaten 5 bags of Fritos. If he consumes one more bag, his marginal utility will
  2. A) equal 40.
  3. B) equal 35.
  4. C) equal 15.
  5. D) depend on the price of the extra bag.

 

 

  1. The table above shows the total utility from the two goods Freddy likes to consume. If Freddy has consumed 4 fruit drinks and then decides to drink another
  2. A) his total utility will increase.
  3. B) the marginal utility from the 5th drink equals 30.
  4. C) the marginal utility from the 5th drinks equals 50.
  5. D) Both answers A and B are correct.
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The utility represents the level of satisfaction by consuming some goods and services.

The marginal utility is the additi...

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