Use the Table Below to Answer the Following Question

question 97

Multiple Choice

Use the table below to answer the following question.
Table 8.1.2
-Table 8.1.2 gives total utilities for Jim and Sally.Which one of the following statements is true?

• A)Jim has increasing marginal utility.
• B)For Sally,the marginal utility of the third unit consumed is 6.
• C)If Jim consumes 2 units,his total utility is 34 units.
• D)Jim and Sally receive the same marginal utility from the third unit consumed.
• E)If Sally consumes 2 units,her total utility is 10 units.

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Definitions:

Products

Goods or items that have been manufactured or refined for sale and use.

Artificial Neural Networks

Computing systems vaguely inspired by the networks of neurons in the human brain, designed to recognize patterns and solve complex problems by learning from data.

Neural Networks

Computational models designed to simulate the way the human brain analyzes and processes information, used broadly in artificial intelligence.

Product's Code

A unique identifier assigned to a product, usually in the form of an alphanumeric string, which helps in identifying and tracking the product.