The First Can of Coke Gives 15 Units of Utility

question 84

Multiple Choice

The first can of Coke gives 15 units of utility to Witney,while the second can of Coke increases her total utility to 23.What is the marginal utility of the second can of Coke?

• A)24 units
• B)8 units
• C)38 units
• D)11.5 units
• E)7.5 units

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Definitions:

Reputational Capital

The value of a company or individual's reputation, built over time, which can affect stakeholders' decisions and perceptions, impacting financial and strategic outcomes.

Computer-Mediated

Describes communication or interactions that occur through the use of computers and other digital devices, facilitating exchanges between users across distances and platforms.

Virtual Reality

A simulated experience created with computer technology, which can mimic or create different environments for users.

Presence

The state or fact of existing, occurring, or being present in a place or thing.