Asked by
Taylor Sutherland
on Nov 04, 2024Verified
Refer to Table 6.1. The marginal utility of the third hamburger per day is
A) 5.
B) 15.
C) 22.
D) 67.
Marginal Utility
The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.
- Determine the marginal utility and recognize its significance in establishing choices for optimal consumption.
Verified Answer
SG
Learning Objectives
- Determine the marginal utility and recognize its significance in establishing choices for optimal consumption.