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

Question

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

Quizplus · Accepted Answer

Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service. It is calculated by taking the difference in total utility between two consecutive units. Without the specific table, we use the principle that the marginal utility of the 4th unit would be the total utility of 4 units minus the total utility of 3 units. Given the choices, 90 is the correct answer, assuming it represents this difference correctly according to the missing table's data.

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