Jack Receives 30 Utils from One Apple, 45 Utils from Two

question 6

Multiple Choice

Jack receives 30 utils from one apple, 45 utils from two apples, and 55 utils from three apples. It follows that the marginal utility of the third apple is __________ utils and that Jack's __________utility rises as his __________ declines.

• A)55; marginal;  total
• B)10; total; marginal
• C)130; total; marginal
• D)100; marginal; total

---

Definitions:

Price Sunglasses

The amount of money required to purchase eyewear designed to protect the eyes from the sun's harmful rays.

Market Equilibrium

The condition in a market where the quantity supplied equals the quantity demanded, resulting in no surplus or shortage and stable prices.

Quantity Sunglasses

The total number of sunglasses that buyers are willing to purchase at a given price.

Supply Sugar

Refers to the total amount of sugar that producers are willing and able to sell at a given set of prices, over a specific period of time.