Jamila gets 600 total utils from consuming two hamburgers. The utility derived from consuming a third hamburger equals 50 utils. Which statement is TRUE?
A) The marginal utility of the fourth hamburger will be greater than 50 utils but less than 600 utils.
B) The total utility derived from consuming three hamburgers is 650 utils.
C) The total utility derived from consuming three hamburgers is 550 utils.
D) The marginal utility of the second hamburger is less than 50 utils.
Correct Answer:
Verified
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