Exhibit 21-2

-Refer to Exhibit 21-2.Total utility for the first three oranges is
A) 12 utils.
B) 62 utils.
C) 49 utils.
D) 15 utils.
E) 42 utils.

Name: Exhibit 21-2 -Refer to Exhibit 21-2.Total utility for the first three oranges is A) 12 utils. B) 62 utils. C) 49 utils. D) 15 utils. E) 42 utils.
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Question

Exhibit 21-2
 
-Refer to Exhibit 21-2.Total utility for the first three oranges is
A) 12 utils. 
B) 62 utils. 
C) 49 utils. 
D) 15 utils. 
E) 42 utils.

Quizplus · Accepted Answer

Based on the table, the total utility for the first three oranges is 49 utils, which is the highest out of all the options. Therefore, the best choice would be to stop at the third orange.

Exhibit 21-2 -Refer to Exhibit 21-2.Total Utility for the First Three Oranges