Exhibit 6-4 Total Utility for Multiplex Tickets, Video Rentals, and Popcorn

question 59

Multiple Choice

Exhibit 6-4 Total utility for multiplex tickets, video rentals, and popcorn $$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Total Utility } \\\text { from Multiplex Tickets }\end{array} & \begin{array} { c } \text { T otal Utility } \\\text { from Video Rentals }\end{array} & \begin{array} { c } \text { Total Utility } \\\text { from Popcorn }\end{array} \\\hline 1 \text { movie ( } 30 \text { utils) } & 1 \text { video (14 utils) } & 1 \text { bag (8 utils) } \\2 \text { movies (54 utils) } & 2 \text { videos (24 utils) } & 2 \text { bags (13 utils) } \\3 \text { movies (72 utils) } & 3 \text { videos (30 utils) } & 3 \text { bags } ( 15 \text { utils) } \\4 \text { movies (84 utils) } & 4 \text { videos (32utils) } & 4 \text { bags (16 utils) } \\\hline\end{array}$$
-In Exhibit 6-4, assume the Multiplex tickets cost $6 each, video rentals cost $2 each, and bags of popcorn cost $1 each. What is the marginal utility of renting a third video?

• A) 6 utils.
• B) 8 utils.
• C) 10 utils.
• D) 30 utils.

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Definitions:

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An investment approach that aims at balancing risk and reward by diversifying assets across various financial instruments.

Mutually Exclusive

Mutually exclusive events are those events that cannot occur at the same time, implying no overlap in their occurrence.

Mutually Exclusive

Events that cannot occur at the same time, implying that the occurrence of one event excludes the possibility of the other event occurring.