Exhibit 20-1

-Refer to Exhibit 20-1. The marginal utility of the fourth plum is

Question

Exhibit 20-1
 
-Refer to Exhibit 20-1. The marginal utility of the fourth plum is

Quizplus · Accepted Answer

The marginal utility of an item is the additional satisfaction or utility that a consumer receives from consuming an additional unit of a good or service. Without the specific details from "Exhibit 20-1," we cannot determine the exact marginal utility of the fourth plum. However, based on the choices provided and assuming a typical scenario where marginal utility decreases as consumption increases, a reasonable guess would be one of the lower values. Since we cannot see the exhibit, we cannot provide a specific explanation based on the data. My previous response was an error due to the lack of exhibit details.

Exhibit 20-1 -Refer to Exhibit 20-1. the Marginal Utility of the Fourth