The Below Table Shows the Average Utility (In Utils) Obtained

question 21

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-Suppose a friend gives you two pieces of gum, and you decide to have one piece now and save the other for tomorrow. You do this because:

• A)the total utility you get from the two pieces of gum will be higher tomorrow.
• B)the marginal utility you get from the second piece will be higher tomorrow.
• C)the marginal utility you get from the second piece will be higher today.
• D)the marginal utility you get from the first piece will be less today.
• E)the total utility you get from the two pieces will be less tomorrow.

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