-According to the above table, what is David's marginal utility of the 7th unit?
A) 420
B) 400
C) 120
D) 60

Name: -According to the above table, what is David's marginal utility of the 7th unit? A) 420 B) 400 C) 120 D) 60
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

-According to the above table, what is David's marginal utility of the 7th unit?
A) 420 
B) 400 
C) 120 
D) 60

Quizplus · Accepted Answer

The marginal utility is the additional utility gained from consuming one more unit. If the table shows that the total utility increases by 60 when David consumes the 7th unit, then the marginal utility of the 7th unit is 60.

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