Given that Chris' marginal utility from his first taco is 15 and his marginal utility from the second taco is 12,one can infer that

Question

Quizplus · Accepted Answer

Marginal utility is the additional utility gained from consuming an additional unit of a good. Therefore, Chris' total utility from two tacos would be the sum of the marginal utility from each taco, which is 15+12=27. Therefore, choice A is correct. Choice B cannot be inferred, as we do not have information on Chris' marginal utility for the third taco. Choice C is not necessarily true, as it depends on other factors such as the price and availability of tacos. Choice D cannot be determined without knowing the total number of tacos Chris consumed and his total utility from all of them. Choice E is not necessarily true or false, as it depends on other factors such as Chris' preferences and the availability of other food alternatives.

Given That Chris' Marginal Utility from His First Taco Is