The Total Utility of Consuming 6 Units of a Good

question 197

Multiple Choice

The total utility of consuming 6 units of a good is 255. The marginal utility of the 6th unit is 45 and the marginal utility of the 5th unit is 60. The total utility of consuming 5 units of the good is

• A) 300.
• B) 150.
• C) 210.
• D) 195.

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Definitions:

Emotion

A response of the whole organism, involving (1) physiological arousal, (2) expressive behaviors, and (3) consciously experienced thoughts and feelings.

Introverts

Individuals who prefer quiet environments and enjoy spending time alone or with a few close friends, as opposed to extroverts who seek out social interactions.

Extraverts

Individuals characterized by their outgoing, socially confident behavior and preference for external stimulation.

Cultures

The beliefs, customs, arts, institutions, and all other products of human work and thought created by a society.