Table 7.3
-Refer to Table 7.3.For the consumer whose preferences are depicted,the marginal utility of the fifth movie is
A) zero.
B) 3.
C) 6.
D) 12.

Question

Table 7.3
-Refer to Table 7.3.For the consumer whose preferences are depicted,the marginal utility of the fifth movie is
A) zero. 
B) 3. 
C) 6. 
D) 12.

Quizplus · Accepted Answer

According to the table, the marginal utility for the fourth movie is 6 and the marginal utility for the fifth movie is also 6. This means that the additional satisfaction gained from watching the fifth movie is the same as the additional satisfaction gained from watching the fourth movie. Therefore, the marginal utility of the fifth movie is 6.

The best choice for the consumer would be to stop at the fourth movie since the marginal utility of the fifth movie is equal to the marginal utility of the fourth movie. Any additional movies watched would result in a decrease in marginal utility, indicating diminishing marginal utility.

Table 7.3 -Refer to Table 7.3.For the Consumer Whose Preferences Are Depicted,the