-Refer to the Above Table

question 93

Multiple Choice

-Refer to the above table. The marginal utility of the 7th movie for Michelle is

• A) 15 units of utility.
• B) 20 units of utility.
• C) 35 units of utility.
• D) 435 units of utility.

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Definitions:

Consumer Products

Goods produced for personal use by the general public, including items for personal care, entertainment, and household use.

Fair Credit Reporting Act

A federal law designed to ensure accuracy, fairness, and privacy of information in the files of consumer reporting agencies.

Consumer Reporting Agencies

are entities that collect and disseminate information about consumers to be used in credit evaluations and other decisions.

Credit Reports

Detailed reports that include an individual's credit history, showing past and current credit transactions and their repayment record.