The Table Shows a Consumer's Utility Schedule

question 99

Multiple Choice

The table shows a consumer's utility schedule. Based on the data in the table, you can conclude that the

• A)marginal utility of the second unit is 14.
• B)total utility of 3 units is 54.
• C)total utility of 4 units is 5.
• D)marginal utility of the fifth unit is 2.

Calculate the interest expense using the straight-line method.

Determine the semiannual interest payment amount for bonds.

Analyze the impact of calling bonds before their maturity and understand the related gain or loss.

Understand the concept of bond premiums and discounts, and their effects on bond's carrying value.

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