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

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
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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
Transcribed Image Text: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
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