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Suppose the Marginal Utilities for the First Three Cans of Coke

question 179

Multiple Choice

Suppose the marginal utilities for the first three cans of coke are 100, 80 and 60, respectively.What is the total utility received from consuming 2 cans?


Definitions:

Dosages

The prescribed amount and frequency of medication intake or drug administration.

Calculate

To determine or estimate a number or value after considering various factors or performing mathematical operations and equations.

Convert

To change something into a different form, function, or state.

Divisor

A number by which another number is to be divided.

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