-According to the above table, what is Lauren's marginal utility of the 4th unit?
A) 90
B) 220
C) 310
D) 115

Name: -According to the above table, what is Lauren's marginal utility of the 4th unit? A) 90 B) 220 C) 310 D) 115
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Question

-According to the above table, what is Lauren's marginal utility of the 4th unit?
A) 90 
B) 220 
C) 310 
D) 115

Quizplus · Accepted Answer

Marginal utility is the change in total utility from consuming one more unit of a good. In this case, Lauren's marginal utility of the 4th unit is 310 - 220 = 90.

-According to the Above Table, What Is Lauren's Marginal Utility