Assuming That the Marginal Utility of the First Four Pieces

question 88

Multiple Choice

Assuming that the marginal utility of the first four pieces of candy was 30, 28, 24, and 18 respectively, how much total utility was derived from eating the first three pieces of candy?

• A) 58
• B) 82
• C) 54
• D) 100

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Definitions:

Pasteurization

The process of heating food, particularly liquids, to a specific temperature to slow microbial growth and extend shelf life.

Rabies Vaccine

A vaccine used to prevent rabies, a deadly virus spread to humans from the saliva of infected animals.

Immunoassay

A laboratory technique that uses the binding between an antigen and its corresponding antibody to measure the presence and concentration of substances.

Molecule

The smallest particle in a chemical element or compound that has the chemical properties of that element or compound.