-According to the above table, what is Michael's marginal utility of the 8th unit?
A) 372
B) 43
C) 42
D) 44

Question

-According to the above table, what is Michael's marginal utility of the 8th unit?
A) 372 
B) 43 
C) 42 
D) 44

Quizplus · Accepted Answer

Marginal utility is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service. It is calculated by taking the difference in total utility between two consecutive quantities. Without the table, the exact calculation cannot be provided, but based on the information given in the question, the correct answer is chosen.

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