Refer to the information provided in Figure 6.8 below to answer the question(s) that follow. Figure 6.8
-Refer to Figure 6.8. The total utility of the three movies is ________ and the marginal utility of the third movie is ________.
A) 15; 0
B) 25; 10
C) 28; 3
D) 0; 0

Question

Refer to the information provided in Figure 6.8 below to answer the question(s) that follow.  Figure 6.8
-Refer to Figure 6.8. The total utility of the three movies is ________ and the marginal utility of the third movie is ________.
A) 15; 0 
B) 25; 10 
C) 28; 3 
D) 0; 0

Quizplus · Accepted Answer

Total utility is the sum of the utility values of all the movies watched. Marginal utility is the additional satisfaction gained from consuming one more unit, in this case, the third movie.

Refer to the Information Provided in Figure 6