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Exhibit 6-1 -Consider Exhibit 6-1 Which Shows the Total Utility Derived from Utility

Question 1

Multiple Choice

Exhibit 6-1 Exhibit 6-1 -Consider Exhibit 6-1 which shows the total utility derived from various numbers of glasses of milk consumed in a day. The marginal utility of the second glass of milk is A) 0 units of utility B) 5 units of utility C) 8 units of utility D) 12 units of utility E) 14 units of utility
-Consider Exhibit 6-1 which shows the total utility derived from various numbers of glasses of milk consumed in a day. The marginal utility of the second glass of milk is


A) 0 units of utility
B) 5 units of utility
C) 8 units of utility
D) 12 units of utility
E) 14 units of utility

Correct Answer:

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