Table 52 Shows Rachel's Total Utility from Consuming Ice Cream Sandwiches

question 64

Essay

Table 5.2 shows Rachel's total utility from consuming ice cream sandwiches. Is it possible that the marginal utility of the 4^th unit is 14? $$\begin{array}{l}\text { Table } 5.2\\\begin{array} { l l } \hline Q & \mathrm { TU } \\\hline 1 & 30 \\2 & 50 \\3 & 65 \\4 & \\5 & 79 \\6 & 80 \\\hline\end{array}\end{array}$$

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Definitions:

Line of Credit

An arrangement between a financial institution and a client that establishes a maximum loan balance that the borrower can access.

Inventory

The total amount of goods and materials held by a business for the purpose of sale or production.

Debtor's Rights

Legal rights and protections afforded to individuals or entities that owe money, guarding against unfair treatment and abuses by creditors.

Article 9

A section of the Uniform Commercial Code in the United States that governs secured transactions involving personal property.