FIGURE 6- 1
-Refer to Figure 6- 1. The marginal utility of the second unit of the good consumed is
A) 50.
B) 30.
C) 40.
D) 10.
E) 20.

Name: FIGURE 6- 1 -Refer to Figure 6- 1. The marginal utility of the second unit of the good consumed is A) 50. B) 30. C) 40. D) 10. E) 20.
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Question

FIGURE 6- 1
-Refer to Figure 6- 1. The marginal utility of the second unit of the good consumed is
A) 50. 
B) 30. 
C) 40. 
D) 10. 
E) 20.

Quizplus · Accepted Answer

The marginal utility of the second unit is the difference in total utility between consuming the first and second units. If the total utility increases by 20 from the first to the second unit, the marginal utility is 20.

FIGURE 6- 1 -Refer to Figure 6- 1. the Marginal Utility of the Utility