If the marginal utilities of the first 5 candy bars are 15, 14, 10, 7, and 3, respectively, the total utility derived from consuming all 5 candy bars is
A) 5
B) -12
C) 12
D) 35
E) 49

Name: If the marginal utilities of the first 5 candy bars are 15, 14, 10, 7, and 3, respectively, the total utility derived from consuming all 5 candy bars is A) 5 B) -12 C) 12 D) 35 E) 49
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Question

Quizplus · Accepted Answer

The total utility is the sum of the marginal utilities of all 5 candy bars, which is 15 + 14 + 10 + 7 + 3 = 49.

If the Marginal Utilities of the First 5 Candy Bars