Mark's Marginal Utility of a Third Waffle Is 10 Units

question 86

Multiple Choice

Mark's marginal utility of a third waffle is 10 units and marginal utility of a second slice of ham is 30 units. If Mark eats the third waffle, which of the following statements is true?​

• A)The price of a waffle is five times more than the price of a slice of ham.
• B)The price of a waffle is less than one-fourth the price of a slice of ham.
• C)The price of a waffle is less than one-third the price of a slice of ham.
• D)The price of a waffle is four times more than the price of a slice of ham.
• E)The price of a waffle is three times more than the price of a slice of ham.

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Definitions:

Continuous Positive Airway Pressure (CPAP)

A therapy that provides a continuous flow of pressurized air to keep upper airway passages open during sleep; often prescribed for the client experiencing obstructive sleep apnea.

Sleep Apnea

Periodic cessation of breathing during sleep.

Morning Headache

A headache that occurs upon waking up and can be indicative of sleep disorders, tension headaches, or migraines.

Sleep Times

The periods during which an individual is asleep, contributing to the physical and mental rest necessary for health.