Assuming that the marginal utility of the first four pieces of candy was 30, 28, 24, and 18 respectively, how much total utility was derived from eating the first three pieces of candy?
A) 58
B) 82
C) 54
D) 100

Question

Quizplus · Accepted Answer

To calculate the total utility of the first three pieces of candy, we add the marginal utilities of the first three pieces: 30 + 28 + 24 = 82. Therefore, the best choice is B.

Assuming That the Marginal Utility of the First Four Pieces