The Total Utility of Consuming 6 Units of a Good

question 197

Multiple Choice

The total utility of consuming 6 units of a good is 255. The marginal utility of the 6th unit is 45 and the marginal utility of the 5th unit is 60. The total utility of consuming 5 units of the good is

• A) 300.
• B) 150.
• C) 210.
• D) 195.

---

Definitions:

Vancouver Stock Exchange

A defunct stock exchange that was based in Vancouver, Canada, known for trading in junior equities and exploration companies.

Heavy Equipment

Large and often complex machinery used in construction, mining, and other industrial activities.

Closely Held Corporation

A business entity owned by a small number of shareholders, where shares are not publicly traded.

Articles Of Incorporation

A method of incorporating based on a US approach and used in some jurisdictions in Canada.