-Refer to the Above Table

question 93

Multiple Choice

-Refer to the above table. The marginal utility of the 7th movie for Michelle is

• A) 15 units of utility.
• B) 20 units of utility.
• C) 35 units of utility.
• D) 435 units of utility.

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Definitions:

Exchange

The act of giving up one thing (money,credit, labor, goods) in return for something else (goods, services, or ideas).