A Consumer Possesses Five Pounds of Bananas and Values Their

question 57

Multiple Choice

A consumer possesses five pounds of bananas and values their total utility at $2.14.If one additional pound is acquired and marginal utility is 11 cents, total utility will

• A)rise to $2.25.
• B)fall to $2.03.
• C)stay the same.
• D)fall to $2.11.