Table 62 -Refer to Table 6

question 143

Multiple Choice

Table 6.2
$$\begin{array} { | c | c | } \hline \text { Units Consumed } & \text { Total Utility } \\\hline 0 & 0 \\\hline 1 & 30 \\\hline 2 & 65 \\\hline 3 & 85 \\\hline 4 & 89 \\\hline 5 & 88 \\\hline\end{array}$$
-Refer to Table 6.2,which shows the total utility derived from the consumption of a good.The first column of the table shows the number of units of the good consumed in a day,and the second column of the table shows the total utility derived from that consumption.Marginal utility is maximized after the consumption of how many units?

• A)0
• B)1
• C)2
• D)3
• E)5

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Definitions:

Forward Exchange Rate

The price set today for a currency exchange that will occur at a future date.

Spot Exchange Rate

The current exchange rate at which a currency can be bought or sold for immediate delivery.

Forward Exchange Rate

An agreed-upon exchange rate for a currency transaction that will occur at a future date, used for hedging or speculation in foreign exchange markets.

Future Rate

The anticipated interest rate or currency exchange rate applicable to financial transactions that will occur in the future.