Table-Demand and Utility Table for Action Figures -If the Price of Action Figures Was $10 Each,his Total

question 108

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 $10 each,his total utility would be ____ and your marginal utility would be ___.

• A)$30 and $10
• B)$36 and $12
• C)$36 and $10
• D)$26 and $12
• E)$50 and $6

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Definitions:

WPH Framework

A decision-making framework used in business ethics, focusing on who (W) will be affected, the purpose (P) of the decision, and how (H) to make ethical decisions.

Public Disclosure

The act of making information or data openly accessible and available to the general public.

Universalization Test

The ethical guideline that urges us to consider, before we act, what the world would be like if everyone acted in this way.

Ethical Guidelines

Standards of behavior and professional conduct expected within a specific field or profession.