2. Refer to the following information: Quantity Consumed Total Marginal Utility Utility 1 50 98 3...

 

  
 

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2. Refer to the following information: Quantity Consumed Total Marginal Utility Utility 1 50 98 3 143 45 4 183 5 33 6. 241 7 15 254 Refer to the above information to answer this question. What is the marginal utility of the 3rd unit? a 30 b 45 48 Cannot tell O0 0O Question 4 (1 point) Quantity Consumed Marginal Utility 50 Total Utility 1 2 98 3 143 45 4 183 5 33 6. 241 15 254 Refer to the above information to answer this question. What is the total utility of 7 units? O a 256 271 25 15 O00O Question 5(1 point) Quantity Consumed Total Marginal Utility Utility 1 50 98 3 143 45 4 183 5 33 6 241 7 15 8 254 Refer to the above information to answer this question. After the consumption of how many units will total utility be maximized? 7 8. 5. 4 O 000 2. Refer to the following information: Quantity Consumed Total Marginal Utility Utility 1 50 98 3 143 45 4 183 5 33 6. 241 7 15 254 Refer to the above information to answer this question. What is the marginal utility of the 3rd unit? a 30 b 45 48 Cannot tell O0 0O Question 4 (1 point) Quantity Consumed Marginal Utility 50 Total Utility 1 2 98 3 143 45 4 183 5 33 6. 241 15 254 Refer to the above information to answer this question. What is the total utility of 7 units? O a 256 271 25 15 O00O Question 5(1 point) Quantity Consumed Total Marginal Utility Utility 1 50 98 3 143 45 4 183 5 33 6 241 7 15 8 254 Refer to the above information to answer this question. After the consumption of how many units will total utility be maximized? 7 8. 5. 4 O 000

Answer rating: 100% (QA)

Quantity consumed dQ Total utility dTU Marginal utility Dtu dQ 1 50 50 2 98 48 3 ... View the full answer