If the Total Utility from Consuming Five Units of a Product

question 144

Multiple Choice

If the total utility from consuming five units of a product is 245 and the marginal utility of a sixth unit is 5, then the total utility from consuming six units would be

• A)240.
• B)250.
• C)49.
• D)1,225.

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Definitions:

Objective Evaluation

An assessment based on measurable and observable facts or criteria, free from personal biases or emotions.

Research

A systematic investigation and study of materials and sources to establish facts and reach new conclusions.

Wonder Drug

A colloquial term for a medication that has unexpectedly or remarkably effective therapeutic effects, often considered revolutionary in treating a particular condition.

Cultural Vacuum

A situation or condition characterized by the absence or loss of cultural values, norms, or identities within a society.