Suppose the Marginal Utilities for the First Three Cans of Coke

question 202

Multiple Choice

Suppose the marginal utilities for the first three cans of coke are 100, 80 and 60, respectively. The total utility received from consuming 2 cans is

• A) 20.
• B) 80.
• C) 90.
• D) 180.

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Definitions:

Integrity

The quality of being honest and having strong moral principles.

Unconditional Positive Regard

A concept in psychology associated with humanistic therapies, referring to complete acceptance and support of a person regardless of what they say or do.

Self-Actualization

The process of realizing and fulfilling one's own potential and capacities.

Actualizing Tendency

A concept in psychology that represents the innate drive of individuals to fulfill their potential and capabilities.