Elaine Values the Utility of Her First Cup of Coffee

question 166

Multiple Choice

Elaine values the utility of her first cup of coffee at $1; a second cup, $.75; and a third cup, $.50.If Elaine drinks three cups of coffee for breakfast, her marginal utility is equal to

• A)$.50, the value of her last cup of coffee.
• B)$1.00, the value of her first cup of coffee.
• C)marginal utility.
• D)$2.25.
• E)$1.50.

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Definitions:

Neurons

Specialized cells in the nervous system that transmit information to other cells through electrical and chemical signals.

Glia Cells

Non-neuronal cells in the central and peripheral nervous systems that do not produce electrical impulses but are responsible for support and maintenance of neural cells.

Hemispheres

The two halves of the brain (left and right), each responsible for different functions and cognitive processes.

Left-Brained

The notion that people who are "left-brained" tend to be more logical, analytical, and objective in their thought processes.