Exhibit 6-1 Total Utility for Good X

question 84

Multiple Choice

Exhibit 6-1 Total utility for good X

As shown in Exhibit 6-1, the marginal utility for the second unit consumed is:

• A) 0.
• B) 40.
• C) 80.
• D) 200.

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Definitions:

First National Bank

A commonly used name for banks in various countries, typically indicating it was the first bank chartered under national laws.

Deposit Slip

A document that accompanies bank deposits, detailing the amount of cash and/or checks being deposited.

Currency

A system of money in general use in a particular country.

Check Register

A record of all checks written, deposits made, and charges or credits to a bank account.