-Refer to the above table. The marginal utility of the 5th movie for Rosie is
A) 400 units of utility.
B) 50 units of utility.
C) 60 units of utility.
D) 70 units of utility.

Question

-Refer to the above table. The marginal utility of the 5th movie for Rosie is
A) 400 units of utility. 
B) 50 units of utility. 
C) 60 units of utility. 
D) 70 units of utility.

Quizplus · Accepted Answer

The marginal utility of the 5th movie for Rosie is 60 units of utility. This is because the total utility she gets from watching 5 movies is 300 units, and the total utility she gets from watching 4 movies is 240 units. Therefore, the marginal utility of the 5th movie is 300 - 240 = 60 units.

-Refer to the Above Table