Refer to Figure 6.8. The ________ movie rental has a marginal utility of fifteen.

A) first
B) second
C) third
D) fourth

Question

Refer to Figure 6.8. The ________ movie rental has a marginal utility of fifteen.A)  firstB)  secondC)  thirdD)  fourth

Kaliyah McClendon · Accepted Answer

Final Answer : A, Explanation :  The marginal utility is the additional satisfaction or utility that a person receives from consuming an additional unit of a good or service. In this context, the first movie rental provides a marginal utility of fifteen, indicating that it offers a certain level of additional satisfaction over not renting a movie at all.

Refer to Figure 6.8. The ________ movie rental has a marginal utility of fifteen.

A) first
B) second
C) third
D) fourth

Definitions

Learning Objectives

Learning Objectives

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