-Suppose that you consume only pizza and Diet Pepsi. The table above gives your utility from consuming these two goods. What is the marginal utility you get from the fourth slice of pizza?
A) 36
B) 18
C) 12
D) 4

Question

-Suppose that you consume only pizza and Diet Pepsi. The table above gives your utility from consuming these two goods. What is the marginal utility you get from the fourth slice of pizza?
A) 36 
B) 18 
C) 12 
D) 4

Quizplus · Accepted Answer

The marginal utility is the change in total utility from consuming one additional unit. If the utility from the third slice is 72 and from the fourth slice is 84, the marginal utility of the fourth slice is 84 - 72 = 12.

-Suppose That You Consume Only Pizza and Diet Pepsi