-Given the data in the above table,what is the marginal utility of the third quart of ice cream?
A) 80
B) 70
C) 60
D) 230
E) 210

Question

-Given the data in the above table,what is the marginal utility of the third quart of ice cream?
A) 80 
B) 70 
C) 60 
D) 230 
E) 210

Quizplus · Accepted Answer

Marginal utility is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service. It is calculated by taking the difference in total utility between two consecutive quantities. In this case, without the specific table data, the correct answer is inferred based on the typical calculation method for marginal utility. Assuming the total utility for consuming two quarts of ice cream and three quarts of ice cream are provided in the table, the marginal utility of the third quart would be the difference in total utility between consuming three quarts and two quarts.

-Given the Data in the Above Table,what Is the Marginal