The Following Table Shows the Total Utility and Marginal Utility

question 39

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 marginal utility of the first scone is _____ units. ​
Table 6.3
​

• A)0
• B)2
• C)8
• D)9
• E)10

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Definitions:

Spider

A nickname for SPDR (Standard & Poor's Depositary Receipts), a type of exchange-traded fund that mimics the performance of the S&P 500.

12b-1 Charges

Fees associated with mutual funds, charged annually for fund distribution and marketing costs, embedded in the fund's expense ratio.

Fund Assets

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Sales Expenses

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