Refer to the Figure Below

question 118

Multiple Choice

Refer to the figure below. The marginal utility of the 6^th pizza is:

• A)95
• B)100
• C)5
• D)17.5

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Definitions:

Fees Earned

Income generated from providing services, regarded as a revenue for the entity performing the service.

Rent Revenue

Earnings from property that is leased to others for use.

Revenue Accounts

Accounts that track the income earned from a company's primary operations and other activities.

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts.