Demand and Utility Table for Milk Shakes -The Marginal Utility of Your Fourth Milk Shake Would Be

question 110

Multiple Choice

Demand and Utility Table for Milk Shakes $$\begin{array} { | c | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \\\hline \$ 4 & 1 & & \\\hline \$ 3.50 & 2 & & \\\hline \$ 3.00 & 3 & & \\\hline \$ 2.50 & 4 & & \\\hline \$ 2.00 & 5 & & \\\hline\end{array}$$
-The marginal utility of your fourth milk shake would be

• A)$13.
• B)$2.50.
• C)$2.00.
• D)$.50.

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Definitions:

Oral Contraceptives

Oral contraceptives are medications taken by mouth to prevent pregnancy by inhibiting ovulation or by causing changes in the cervical mucus and uterine lining.

Birth Control

Methods, devices, or medications used to prevent pregnancy.

Luteinizing Hormone

A hormone produced by the pituitary gland that triggers ovulation and stimulates the production of progesterone in females, and testosterone in males.

Follicle-Stimulating Hormone

A hormone secreted by the anterior pituitary gland that stimulates the growth of ovarian follicles in females and the production of sperm in males.