Use the following for questions 23-27.
Exhibit: Total Utility and Marginal Utility from Consumption of Good A

-(Exhibit: Total Utility and Marginal Utility from Consumption of Good A. If 4 units of good A are consumed, the total utility received is _______ and the marginal utility of the 4th unit is _______ .
A) 26; 5
B) 14; 2
C) 12; 3
D) None of the above is correct.

Question

Use the following for questions 23-27.
Exhibit: Total Utility and Marginal Utility from Consumption of Good A
 
-(Exhibit: Total Utility and Marginal Utility from Consumption of Good A. If 4 units of good A are consumed, the total utility received is _______ and the marginal utility of the 4th unit is _______ .
A) 26; 5 
B) 14; 2 
C) 12; 3 
D) None of the above is correct.

Quizplus · Accepted Answer

The Answer of Use the following for questions 23-27.
Exhibit: Total Utility and Marginal Utility from Consumption of Good A
 
-(Exhibit: Total Utility and Marginal Utility from Consumption of Good A. If 4 units of good A are consumed, the total utility received is _______ and the marginal utility of the 4th unit is _______ .
A) 26; 5 
B) 14; 2 
C) 12; 3 
D) None of the above is correct.

Use the Following for Questions 23-27