The additional utility from her purchase of a third pack of trading cards would be
A)$8.
B)$9.
C)$19.
D)$27.
E)None of the choices are true.

Question

Quizplus · Accepted Answer

To determine the additional utility or satisfaction from purchasing the third pack of trading cards, we need to compare the total utility or satisfaction of having two packs of cards to the total utility or satisfaction of having three packs of cards.

Let's say the total utility of having two packs of cards is 20 and the total utility of having three packs of cards is 28.

The additional utility from purchasing the third pack of cards would be the difference between these two values:

28 - 20 = 8

Therefore, the answer is A) $8.

The Additional Utility from Her Purchase of a Third Pack