If the Marginal Utility from Consuming the Fifth Unit of a Product

question 272

Multiple Choice

If the marginal utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the total utility from consuming four units must be

• A)168.
• B)27.
• C)156.
• D)972.

Identify different organizational structures and their suitability to various business scenarios.

Understand the roles of first-line, middle, and top managers in organizational hierarchies.

Understand the mechanisms and processes involved in issuing new securities to the public, including initial public offerings (IPOs) and seasoned equity offerings (SEOs).

Identify the roles and compensation of underwriters in the securities issuing process.

---

Definitions:

Appoints

The act of designating someone to a position or role, often used within legal, organizational, or governmental contexts.

Judges

Persons appointed to decide cases in a court of law, interpret laws, and administer justice.

Battery Case

Legal proceedings involving the unlawful physical contact of one person by another, which can also refer to a civil claim for personal injury.

Question Of Law

An issue concerning the interpretation or application of the law which is decided by a judge, not a jury.