Examlex

Solved

Table 62 -Refer to Table 6

question 145

Multiple Choice

Table 6.2
 Units Consumed  Total Utility 00130265385489588\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.What is the marginal utility of consuming the first unit?


Definitions:

Demobilized Soldiers

Military personnel who are discharged back into civilian life after their service, often following the end of a war or military conflict.

Unemployment

The situation when individuals who are capable of working and are actively seeking employment are unable to find a job.

World War

World War usually refers to one of the two global military conflicts of the 20th century, either from 1914 to 1918 or from 1939 to 1945, involving many of the world's nations.

Marcus Garvey

A prominent Jamaican political leader, publisher, journalist, entrepreneur, and orator who was a staunch proponent of the Black nationalism and Pan-Africanism movements in the early 20th century.

Related Questions