Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It follows that the marginal utility of the third apple is __________ utils and that Jack's __________utility rises as his __________ declines.
A) 55; marginal; total
B) 10; total; marginal
C) 130; total; marginal
D) 100; marginal; total
E) none of the above
Correct Answer:
Verified
Q108: Which of the following statements does not
Q109: Exhibit 20-3 Q110: The 100th game of chess gives Jones Q111: Jones buys two goods, A and B. Q112: The MU/P ratio for good X is Q114: Smith, who has $10,000, receives an extra Q115: If, as a person consumes additional units Q116: Which of the following statements is true? Q117: Which of the following best describes an Q118: This is the solution to the diamond-water
A)An
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents