Table-Demand and Utility Table for Action Figures -If the Price of Action Figures Was $8

question 125

Multiple Choice

Table-Demand and Utility Table for action figures $$\begin{array} { | c | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \\\hline \$ 14 & 1 & & \\\hline \$ 12 & 2 & & \\\hline \$ 10 & 3 & & \\\hline \$ 8 & 4 & & \\\hline \$ 6 & 5 & & \\\hline\end{array}$$
-If the price of action figures was $8.00 each,his consumer surplus would be

• A)$8.
• B)$12.
• C)$16.
• D)$32.
• E)$44.

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Definitions:

Produce More

Refers to the increase in the quantity of goods or services generated by a company or economy.

Capital

Refers to financial assets or resources that individuals or businesses use to fund their operations and invest in their growth.

Hitler's Germany

Refers to the period of German history from 1933 to 1945 when the country was under the dictatorship of Adolf Hitler and the National Socialist (Nazi) Party.

Fascist

Describes an authoritarian and nationalistic right-wing system of government and social organization.