Multiple Choice
A well-known athlete loves cupcakes. He receives 200 utils for the first cupcake, an additional 160 for the second, an additional 120 for the third, another 80 for the fourth, and another 40 for the fifth. The marginal utility of the fourth cupcake is ________ and the total utility of consuming four cupcakes is ________.
A) 40; 80
B) 80; 600
C) 80; 560
D) 40; 40
Correct Answer:
Verified
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