-Using the Above Table, What Is the Marginal Utility of the 4th

question 307

Multiple Choice

-Using the above table, what is the marginal utility of the 4th soda?

• A) 23.2
• B) 5
• C) 10
• D) 15

---

Definitions:

Journal

A record where all financial transactions are entered initially, before being posted to individual accounts in the ledger, following the double-entry bookkeeping.

Chronologically

In the sequence of time, where events or records are arranged in the order of their occurrence.

Journal Entry

A journal entry is a record in accounting that logs all the financial transactions of a business, capturing their effects on the accounts.

Journal

A record where all financial transactions are initially documented in chronological order.