Exhibit 6-1 Total Utility for Good X -As Shown in Exhibit 6-1, the Marginal Utility for the l

question 18

Multiple Choice

Exhibit 6-1 Total utility for good X $$\begin{array} { | l | r | r | r | r | r | r | } \hline \text { Total utility (utils) } & 0 & 80 & 120 & 148 & 160 & 155 \\\hline \text { Quantity con sumed per day } & 0 & 1 & 2 & 3 & 4 & 5 \\\hline\end{array}$$
-As shown in Exhibit 6-1, the marginal utility for the second unit consumed is:

• A) 0.
• B) 40.
• C) 80.
• D) 200.

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Definitions:

Corporate Form

A legal structure for organizations that treats the business as a separate entity from its owners, providing limited liability protection.

Business Organization

A legally recognized entity established to conduct commercial activities, ranging from sole proprietorships to corporations.

Advantage

The condition of being in a favorable or superior position relative to competitors or alternatives.

Treasury Stock

Shares initially part of the company's outstanding shares that have been repurchased by the company.