-According to the above table, how much total utility does Carl get from 3 hotdogs?
A) 30 utils
B) 85 utils
C) 115 utils
D) 130 utils

Question

-According to the above table, how much total utility does Carl get from 3 hotdogs?
A) 30 utils 
B) 85 utils 
C) 115 utils 
D) 130 utils

Quizplus · Accepted Answer

Total utility for 3 hotdogs is the sum of the utility values for each of the first three hotdogs. Assuming the utility values increase or stay constant with each additional hotdog, the total utility for 3 hotdogs would be the sum of the utilities for the first, second, and third hotdogs combined.

-According to the Above Table, How Much Total Utility Does