Complete Table 19 Table 193
Michael's Utility Schedule the Marginal Utility Per Dollar of Per

question 35

Multiple Choice

Complete Table 19.3 below.Assume the price of cola is $8 per unit and the price of pretzels is $4 per unit.
$\begin{array}{llllll}\text { Units of}&\text { TU of}&\text {MU of }&\text { Units of}&\text {TU of }&\text {MU of }\\ \text {Cola }&\text { Cola}&\text {Cola }&\text {Pretzels }&\text { Pretzels}&\text {Pretzels }\\\hline 1&40&40&1&30&30\\2&\_\_\_&32&2&\_\_\_&20\\3&96&24&2&66&16\\4&112&\_\_\_&5&84&\_\_\_&\end{array}$
Table 19.3
Michael's Utility Schedule The marginal utility per dollar of the third pretzel is

• A) 4.
• B) 5.
• C) 6.
• D) 12.

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Definitions:

Emotional Maturity

This is the ability to understand and manage one's emotions, and to be sensitive to and understand the emotions of others.

Interpersonal Skill

The ability to effectively communicate, interact, and build relationships with others, often crucial for collaboration and teamwork.

Social Needs

The human requirements for belonging, affection, acceptance, and friendship that motivate behavior and influence social interactions.

Motives

Internal drives that propel an individual to take action toward a specific goal.