Refer to the accompanying table. $\begin{array}{cc}
\text { Iced Tea }&\text { Total Utility (Utils }\
&\text { per Iced Tea) }\
0 & 0 \
1 & 15 \
2 & 25 \
3 & 30 \
4 & 32 \
5 & 30 \
6 & 27 \
7 & 20\8&0
\end{array}$
a. What is the marginal utility of the third iced tea?
b. When does this consumer experience diminishing marginal utility?
c. When does this consumer experience negative marginal utility?

Question

Refer to the accompanying table. $\begin{array}{cc}
\text { Iced Tea }&\text { Total Utility (Utils }\
&\text { per Iced Tea) }\
0 & 0 \
1 & 15 \
2 & 25 \
3 & 30 \
4 & 32 \
5 & 30 \
6 & 27 \
7 & 20\8&0
\end{array}$ 
a. What is the marginal utility of the third iced tea?
b. When does this consumer experience diminishing marginal utility?
c. When does this consumer experience negative marginal utility?

Quizplus · Accepted Answer

The Answer of Refer to the accompanying table. $\begin{array}{cc}
\text { Iced Tea }&\text { Total Utility (Utils }\
&\text { per Iced Tea) }\
0 & 0 \
1 & 15 \
2 & 25 \
3 & 30 \
4 & 32 \
5 & 30 \
6 & 27 \
7 & 20\8&0
\end{array}$ 
a. What is the marginal utility of the third iced tea?
b. When does this consumer experience diminishing marginal utility?
c. When does this consumer experience negative marginal utility?

Refer to the Accompanying Table A What Is the Marginal Utility of the Third Iced