Suppose Chris's Marginal Utility from the First Taco He Eats

question 72

Multiple Choice

Suppose Chris's marginal utility from the first taco he eats is 15, and his marginal utility from the second taco he eats is 12. One can infer that:

• A)Chris's total utility from eating two tacos is 27.
• B)Chris should eat one taco.
• C)Chris's average utility from eating two tacos is 27.
• D)Chris should eat two tacos.

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Definitions:

Resolute

Demonstrating firm determination or unwavering resolve in attitude, purpose, or action.

Humble

Demonstrating a modest or low view of one's own importance; not arrogant or prideful.

Ambitious

Having a strong desire for success, achievement, or distinction, often requiring determination and hard work.

High-Power People

Individuals who hold authority, control, or influence over others within a social or organizational context.