The Table Shows the Utility Schedule for a Consumer of Candy

question 297

Multiple Choice

The table shows the utility schedule for a consumer of candy bars. Based on the data in the table, you can conclude that the

• A)marginal utility of the fourth unit is 96.
• B)total utility of 5 units is 88.
• C)total utility of 2 units is 16.
• D)marginal utility of the sixth unit is 5.

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Definitions:

Earlier Stage

A phase or period that takes place at the beginning of a process or sequence.

Development

Development refers to the process of change and growth that occurs in living organisms, including physical, cognitive, and social-emotional progress over time.

Regression

A return to an earlier or less developed state, often in psychology referring to the adoption of behaviors not typical of the current developmental stage.

Memory

The cognitive function that allows information to be stored, retained, and recalled from the past.