The Following Table Lists the Utility That Sarah Receives from Consuming

question 68

Multiple Choice

The following table lists the utility that Sarah receives from consuming bananas at $0.25 a banana. What is the marginal utility of consuming the fourth banana? $\begin{array}{|c|c|}\hline \text { Number of bananas } & \text { Total utility } \\\hline 0 & 0 \\\hline 1 & 10 \\\hline 2 & 22 \\\hline 3 & 32 \\\hline 4 & 40 \\\hline 5 & 46 \\\hline\end{array}$

• A)40
• B)32
• C)8
• D)2

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Definitions:

Profit a Prendre

A legal right granted to a person to enter another's land and take away some part of the land's produce or mineral deposits.

Restrictive Covenant

A clause in a contract or agreement that imposes limitations or conditions on the actions of one or more parties, typically to protect business interests.

Remainderman

A third party with the right to the remainder of the fee simple after the death of a life tenant.

Life Estate

A property interest where an individual (the life tenant) has the right to use, occupy, and benefit from a property during their lifetime, after which the property typically reverts to a remainderman.