TABLE 6-5 -Refer to Table 6-5. the Table Shows Bennett's Total Utility

question 29

Multiple Choice

TABLE 6-5

-Refer to Table 6-5. The table shows Bennett's total utility from each bag of potato chips and can of soda pop that he consumes. If Bennett increases his consumption of potato chips from three bags to four bags, what is his marginal utility from the fourth bag?

• A) 7
• B) 8
• C) 48
• D) 55

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Definitions:

Coercive Power

A form of power that is derived from the ability to punish or penalize others.

Informal Leaders

Individuals within an organization who influence others through personal forms of power and relationships rather than through formal authority positions.

Emotional Intelligence (EQ)

The ability to understand and manage one's own emotions, and to be empathetic and effective in handling interpersonal relationships.

Social Skills

The abilities that facilitate interaction and communication with others, allowing for effective participation in social settings.