What Is the Total Utility of Five Cans of Soda

question 65

Multiple Choice

What is the total utility of five cans of soda? $\begin{array}{|c|c|c|}\hline \text { Cans of Soda } & \text { Total utility } & \text { Marginal utility } \\\hline 1 & 14 & \\\hline 2 & & 12 \\\hline 3 & 36 \\\hline 4 & 44 \\\hline 5 &&6 \\\hline\end{array}$

• A)6
• B)8
• C)50
• D)44

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Definitions:

Repeat Customers

Individuals who repeatedly purchase goods or services from the same business, demonstrating loyalty and satisfaction.

Comprehensiveness

Refers to being thorough and detailed in coverage or scope.

Goal-Setting Process

a systematic approach to setting and achieving objectives, which involves establishing clear, measurable, and time-targeted objectives.

Marketing Goals

Specified objectives that a company aims to achieve through its marketing efforts, which guide marketing strategies and actions.