-Refer to the Above Table

question 93

Multiple Choice

-Refer to the above table. The marginal utility of the 7th movie for Michelle is

• A) 15 units of utility.
• B) 20 units of utility.
• C) 35 units of utility.
• D) 435 units of utility.

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Definitions:

Ethnicity

Ethnicity refers to the shared cultural practices, perspectives, and distinctions that set apart one group of people from another, based on heritage, language, history, and sometimes religion.

Class

A system of ordering society whereby people are divided into sets based on perceived social or economic status.

Liberal Democracy

A form of government characterized by free and fair elections, the rule of law, and the protection of individual rights and freedoms.

Formal Democracy

Involves regular, competitive elections.