Suppose That the Total Utility from Consuming One Unit of Good

question 118

Multiple Choice

Suppose that the total utility from consuming one unit of good Z is 80 utils, the total utility from consuming two units of good Z is 125 utils, and the total utility from consuming three units of good Z is 160 utils. The marginal utility received from consuming the third unit of good Z is

• A)365 utils.
• B)35 utils.
• C)45 utils.
• D)50 utils.

Understand the concept and significance of social shopping and social commerce.

Recognize different moments that influence consumers' online purchase decisions.

Differentiate between e-commerce and social commerce.

Identify elements and characteristics of social commerce strategies (such as advocacy, transparency, infectiousness, and reciprocity).

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Definitions:

Dyspnea

Difficulty in breathing or shortness of breath, often indicative of a medical condition.

Mercury Sphygmomanometers

Blood pressure measurement devices that use mercury in a column to indicate pressure and are known for their accuracy.

Head Circumference

A measurement around the largest part of the head, usually taken to monitor brain growth in infants and children.

Abdominal Girth

The measurement around the abdomen at a specific point, typically used to monitor or assess abdominal swelling or distention.