-Sushi Costs $3 Per Piece

question 26

Multiple Choice

-Sushi costs $3 per piece. Cynthia's total utility after eating one piece is 30 and her total utility after eating 2 pieces is 51, so her marginal utility from the second piece is

• A) 17.
• B) 21.
• C) 51.
• D) 10.
• E) 7.

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Definitions:

Working Memory

A mental system designed to retain information temporarily, functioning within a restricted capacity for the purpose of processing data.

Long-Term Memory

Long-term memory refers to the phase of memory capable of storing an almost unlimited amount of information indefinitely, ranging from minutes to a lifetime.

Chunking

A memory strategy that involves breaking down information into smaller, manageable units or groups to enhance comprehension and recall.

Short-Term Memory

The potential to maintain a small volume of data in an immediately available and active status for a limited time.