-Refer to the above table. What is the marginal utility for the 10th unit for Hillary and for Bill?
A) Hillary: -10; Bill: 10
B) Hillary: 10; Bill 10
C) Hillary: 220; Bill 450
D) Hillary: 0; Bill: 0

Question

-Refer to the above table. What is the marginal utility for the 10th unit for Hillary and for Bill?
A) Hillary: -10; Bill: 10 
B) Hillary: 10; Bill 10 
C) Hillary: 220; Bill 450 
D) Hillary: 0; Bill: 0

Quizplus · Accepted Answer

Marginal utility refers to the change in utility from consuming an additional unit of a good. For Hillary, the marginal utility of the 10th unit is negative, indicating a decrease in satisfaction, while for Bill, it is positive, indicating an increase in satisfaction.

-Refer to the Above Table