Use the Following for Questions 23-27

question 199

Multiple Choice

Use the following for questions 23-27.
Exhibit: Total Utility and Marginal Utility from Consumption of Good A

-(Exhibit: Total Utility and Marginal Utility from Consumption of Good A. If 4 units of good A are consumed, the total utility received is _______ and the marginal utility of the 4th unit is _______ .

• A) 26; 5
• B) 14; 2
• C) 12; 3
• D) None of the above is correct.

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