Exhibit 6.1
-Refer to Exhibit 6.1,which shows the marginal utility (MU) derived by a consumer from the consumption of Pepsi.Which of the following is true of the total utility derived from the consumption of four cans of Pepsi?
A) A fourth can of Pepsi increases total utility by 12 units.
B) A fourth can of Pepsi increases total utility by 18 units.
C) A fourth can of Pepsi increases total utility by 20 units.
D) All four cans of Pepsi together yield a total utility of 114 units.
E) All four cans of Pepsi together yield a total utility of 322 units.
Correct Answer:
Verified
Q57: Table 6.4 Q58: Table 6.4 Q59: Table 6.5 Q60: Table 6.3 Q61: Suppose Shawn dines at a restaurant that Q63: Suppose the marginal utility of a unit Q64: Suppose John goes to a wedding reception Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
