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A Survey of University Students in Canada Reported the Following

question 19

Multiple Choice

A survey of university students in Canada reported the following percentages.  Cat lover  Dog lover  Other  Total  Brand 1 Cola 22.5%28.0%16.5%67.0% Brand 2 Cola 7.5%12.0%13.5%33.0% Total 30.0%40.0%30.0%100%\begin{array} { | l | l | l | l | l | } \hline & \text { Cat lover } & \text { Dog lover } & \text { Other } & \text { Total } \\\hline \text { Brand 1 Cola } & 22.5 \% & 28.0 \% & 16.5 \% & 67.0 \% \\\hline \text { Brand 2 Cola } & 7.5 \% & 12.0 \% & 13.5 \% & 33.0 \% \\\hline \text { Total } & 30.0 \% & 40.0 \% & 30.0 \% & 100 \% \\\hline\end{array} Find the marginal distribution of pet preference.


Definitions:

Marginal Cost

The increase or decrease in the total cost of a production run for making one additional unit of an item.

Marginal Benefit

The additional satisfaction or utility gained by consuming an extra unit of a good or service.

Diamond

A naturally occurring gemstone composed of carbon, known for its hardness and brilliance, often used in jewelry.

Marginal Analysis

The examination of the costs and benefits of a small (marginal) change in the production of goods or services.

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