- Refer to Table 19.1.What is Josh's total utility from consuming the third slice of pizza?
A)20 utils.
B)54 utils.
C)5 utils.

Question

- Refer to Table 19.1.What is Josh's total utility from consuming the third slice of pizza?
A)20 utils. 
B)54 utils. 
C)5 utils.

Quizplus · Accepted Answer

The total utility from consuming the third slice of pizza is the cumulative utility from all slices up to the third one. If the total utility for the first two slices is 34 utils and the marginal utility of the third slice is 20 utils, then the total utility for three slices is 54 utils.