(Figure: Utility Table A) Price = $3
in the Table

question 34

Multiple Choice

(Figure: Utility Table A) Price = $3
In the table, what is the marginal utility per dollar for three units?
$\begin{array}{|l|l|l|}\hline \text { Q }&\text { TU } & \text { MU } \\\hline 1 & 108 & ? \\\hline 2 & 180 & ? \\\hline 3 & 228 & 48 \\\hline 4 & 264 & 36 \\\hline 5 & 288 & 24 \\\hline\end{array}$

• A) 16
• B) 24
• C) 180
• D) 276

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Definitions:

Production Possibilities Frontier

A graphical representation showing the maximum quantity of goods and services that a society can produce with its available resources and technology, when efficiently utilized.

Unemployment

The situation where individuals who are capable of working and willing to work are unable to find suitable employment.

1943-1945

Refers to a period during World War II characterized by significant global conflict and socio-political changes across multiple nations, but without more context, a more detailed description cannot be provided.

College Graduates

Persons who have successfully concluded their academic program and obtained a degree at a university or college.