Solved

(Table) Which of the Tables Indicates the Correct Marginal Utilities

Question 86

Multiple Choice

(Table) Which of the tables indicates the correct marginal utilities in the completed table?
 Gallons of  Gas  Total Utility  Marginal Utility 0014027039541165136\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Gallons of } \\\text { Gas }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & \\\hline 1 & 40 & \\\hline 2 & 70 & \\\hline 3 & 95 & \\\hline 4 & 116 & \\\hline 5 & 136 & \\\hline\end{array}


A)
 Gallons of  Gas  Total Utility  Marginal Utility 00140202702139525411630513640\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Gallons of } \\\text { Gas }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & - \\\hline 1 & 40 & 20 \\\hline 2 & 70 & 21 \\\hline 3 & 95 & 25 \\\hline 4 & 116 & 30 \\\hline 5 & 136 & 40 \\\hline\end{array}
B)
 Gallons of  Gas  Total Utility  Marginal Utility 00140452703039525411620513615\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Gallons of } \\\text { Gas }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & - \\\hline 1 & 40 & 45 \\\hline 2 & 70 & 30 \\\hline 3 & 95 & 25 \\\hline 4 & 116 & 20 \\\hline 5 & 136 & 15 \\\hline\end{array}
C)
 Gallons of  Gas  Total Utility  Marginal Utility 00140352703039520411615513611\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Gallons of } \\\text { Gas }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & - \\\hline 1 & 40 & 35 \\\hline 2 & 70 & 30 \\\hline 3 & 95 & 20 \\\hline 4 & 116 & 15 \\\hline 5 & 136 & 11 \\\hline\end{array}
D)
 Gallons of  Gas  Total Utility  Marginal Utility 00140402703039525411621513620\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Gallons of } \\\text { Gas }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & - \\\hline 1 & 40 & 40 \\\hline 2 & 70 & 30 \\\hline 3 & 95 & 25 \\\hline 4 & 116 & 21 \\\hline 5 & 136 & 20 \\\hline\end{array}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents