The Following Table Shows the Total Utility and Marginal Utility

question 52

Multiple Choice

The following table shows the total utility and marginal utility derived from the consumption of scones. The first column of the table represents the number of scones a consumer consumes in a day. The second column of the table presents the total utility derived from that consumption, and the third column shows the marginal utility of each additional scone. The total utility derived from the consumption of three scones is _____ units. ​
Table 6.3
​

• A)34
• B)6
• C)22
• D)12
• E)24

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Definitions:

Confederates

Individuals or entities aligned with or supportive of the Confederate States of America, a group of southern states that seceded from the United States leading to the American Civil War from 1861 to 1865.

Execution

Execution refers to the carrying out of a sentence of death on a person convicted of a capital crime, or it can also mean the act of performing a plan, order, or directive.

Ending Slavery

The process, legislative acts, and movements aimed at abolishing the practice of holding individuals in bondage or servitude against their will.

Northern Capitalists

Individuals from the northern United States, particularly during the 19th and early 20th centuries, who amassed wealth through industry and were instrumental in shaping the economy.