-According to the above table, Bill's marginal utility from watching the 9th movie is
A) 405 units of utility.
B) 0 units of utility.
C) 15 units of utility.
D) 10 units of utility.

Question

-According to the above table, Bill's marginal utility from watching the 9th movie is
A) 405 units of utility. 
B) 0 units of utility. 
C) 15 units of utility. 
D) 10 units of utility.

Quizplus · Accepted Answer

Marginal utility refers to the change in total utility that comes from consuming one additional unit of a good or service. Since the question mentions the marginal utility from watching the 9th movie, we look for the change in utility from the 8th to the 9th movie. Without the specific table data, the correct answer cannot be determined from the provided options. However, based on the given choices, if we assume a typical scenario where marginal utility decreases as consumption increases, a small positive number like 15 units (option C) could be a plausible answer for the marginal utility of consuming an additional unit of a good (in this case, watching a movie) after several units have already been consumed. This answer is based on common economic principles regarding diminishing marginal utility, but the specific correct answer would depend on the actual data in the table, which is not provided.

-According to the Above Table, Bill's Marginal Utility from Watching