The Below Table Shows the Average Utility (In Utils) Obtained

question 81

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A andB. Table 6.3

-Refer to Table 6.3.The total utility of the third unit of A is _____ utils.

• A)15
• B)12
• C)21
• D)20

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Definitions:

Doctrine

A belief or set of beliefs held and taught by a church, political party, or other group.

Negligent Hiring

The failure of an employer to perform due diligence during the hiring process, resulting in the recruitment of an individual who causes harm or poses a risk to others.

Respondeat Superior

A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of employment or representation.

Tort Liability

Tort liability arises from the breach of a duty primarily fixed by law; this responsibility usually relates to harm caused by negligence, intentional acts, or under strict liability principles.