Refer to Figure 6.8. The total utility of the three movies is and the marginal utility of the third movie is .

A) 15; 0
B) 25; 10
C) 28; 3
D) 0; 0

Question

Refer to Figure 6.8. The total utility of the three movies is ________ and the marginal utility of the third movie is ________.A)  15; 0B)  25; 10C)  28; 3D)  0; 0

Brent Degagne · Accepted Answer

Final Answer : C, Explanation :  Total utility is the sum of the utility values of all the movies watched. Marginal utility is the additional satisfaction gained from consuming one more unit, in this case, the third movie.

Refer to Figure 6.8. The total utility of the three movies is and the marginal utility of the third movie is .

A) 15; 0
B) 25; 10
C) 28; 3
D) 0; 0

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Learning Objectives

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