The Following Table Shows Mia's $ Marginal Utility for Litres

question 132

Multiple Choice

The following table shows Mia's $ marginal utility for litres of soya milk:

-Refer to the above table to answer this question.Suppose that Mia has a budget of $7 and the price of a litre of soya milk is $1,how much consumer surplus will Mia receive as a result of her purchases?

• A)0.
• B)$1.
• C)$15.
• D)$35.
• E)Cannot be determined.

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Definitions:

Virtuous

Having or showing high moral standards, including traits such as integrity, courage, and honesty.

Society

A structured community of people bound together by similar traditions, institutions, or nationality.

Rude Person

An individual displaying impolite or ill-mannered behavior.

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A person who has escaped from a place or is in hiding, often to avoid arrest or persecution.