Courtney rides her bike for one hour and received a marginal utility of 8. After that first hour, she stops to eat an ice cream cone and then rides her bike for another hour. Which of the following statements is true?
A) The utility she would have received from eating a second ice cream cone would have been more than the utility she received from biking for a second hour.
B) The utility she received from eating the ice cream cone was more than 8.
C) The utility she received from eating the ice cream cone was less than the utility she received from the second hour of bike riding.
D) The utility she would have received from a third hour of biking would have been less than the utility she gained from eating an ice cream cone.
Correct Answer:
Verified
