-Refer to the above table. What is the marginal utility for the 3rd unit for Michael and for Rosie?
A) Michael: -10; Rosie: 20
B) Michael: 75; Rosie: 75
C) Michael: 75; Rosie: 80
D) Michael: 270; Rosie: 270

Question

-Refer to the above table. What is the marginal utility for the 3rd unit for Michael and for Rosie?
A) Michael: -10; Rosie: 20 
B) Michael: 75; Rosie: 75 
C) Michael: 75; Rosie: 80 
D) Michael: 270; Rosie: 270

Quizplus · Accepted Answer

The marginal utility for the 3rd unit is the difference in total utility between the 3rd and 2nd units. For Michael, it is 75, and for Rosie, it is 80.

-Refer to the Above Table