(Table) Fill in the Marginal Utilities for the Table A) 60
B) 10
C) 30
D) 0

question 91

Multiple Choice

(Table) Fill in the marginal utilities for the table. Marginal utility falls by ______ when the number of movie tickets purchased increases from two tickets to three tickets.
$\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Number of Movie } \\\text { Tickets }\end{array} & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & \\\hline 1 & 60 & \\\hline 2 & 90 & \\\hline 3 & 110 & \\\hline 4 & 125 & \\\hline 5 & 135 & \\\hline\end{array}$

• A) 60
• B) 10
• C) 30
• D) 0

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Definitions:

Geographic Segment

A market division strategy where a business segment is defined based on geographical boundaries.

Competitors

Entities engaged in a commercial contest with one another, often vying for the same market or customer base.

Sherman Act

An antitrust law enacted in 1890 to prevent anti-competitive practices, monopolies, and to promote economic fairness.

Monopoly Power

The ability of a single company or organization to control or dominate an industry or market, limiting competition.