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?

• A)20.
• B)80.
• C)90.
• D)180.

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Definitions:

Dividend Yield Ratio

This ratio indicates the annual dividend payments of a company as a percentage of its current share price.

Earnings per Share

A financial ratio indicating the portion of a company's profit allocated to each outstanding share of common stock, showing the company's profitability per share.

Debt-to-equity Ratio

A financial metric indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.

Times Interest Earned Ratio

A financial metric that compares a company's operating income to its interest expenses, indicating how well the company can cover its interest obligations with its earnings.