Courtney goes for an hour bike ride and gains utility of 8.She stops and gets an ice cream cone,then rides for another hour.Using the concept of utility to explain her choice,we can say:
A)the utility gained from the ice cream was at least 8.
B)the utility gained from the ice cream was more than 8.
C)the utility gained from the ice cream was less than the second hour of bike riding.
D)the utility gained from the ice cream was more than the second hour of bike riding.

Question

Quizplus · Accepted Answer

Since Courtney decided to get an ice cream cone after only an hour of bike riding, it indicates that the utility gained from the ice cream must be higher than the utility gained from an additional hour of bike riding. Hence, the utility gained from the ice cream was more than the second hour of bike riding, making choice D the correct answer.

Courtney Goes for an Hour Bike Ride and Gains Utility