If the total utility derived from consuming three oysters was 40 utils and the total utility derived from consuming four oysters was 52 utils, what was the marginal utility derived from the consumption of the fourth oyster?
A) 92 utils
B) 52 utils
C) 12 utils
D) It is impossible to determine.

Question

Quizplus · Accepted Answer

To find the marginal utility derived from consuming the fourth oyster, we need to calculate the difference in total utility between consuming three and four oysters.

Total utility of three oysters = 40 utils
Total utility of four oysters = 52 utils

Marginal utility of the fourth oyster = Total utility of four oysters - Total utility of three oysters 
= 52 - 40 
= 12 utils

Therefore, the answer is choice letter C) 12 utils.

If the Total Utility Derived from Consuming Three Oysters Was