The total utility of 6 units of good X is 50 and the total utility of 8 units of good X is 80. The marginal utility of the 7th unit of good X is equal to Question 3Select one: a. 6 b. 30 c . 70 d. 0 e. none of the above
The total utility of 6 units of good X is 50 and the total utility of 8 units of good X is 80. The marginal utility of the 7th unit of good X is equal to Question 3Select one: a. 6 b. 30 c . 70 d. 0 e. none of the above
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
Problem 3WNG
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