-Refer to Figure 19.2.The total utility of five apples is
A)1 utils.
B)17 utils.
C)18 utils.

Name: -Refer to Figure 19.2.The total utility of five apples is A)1 utils. B)17 utils. C)18 utils.
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Question

-Refer to Figure 19.2.The total utility of five apples is
A)1 utils. 
B)17 utils. 
C)18 utils.

Quizplus · Accepted Answer

The total utility of five apples is 18 utils. This is because the marginal utility of each apple decreases as more apples are consumed. The first apple provides 10 utils, the second apple provides 5 utils, the third apple provides 2 utils, the fourth apple provides 1 utils, and the fifth apple provides 0 utils.