$\text {Josh is eating pizza at his favorite Italian restaurant. Below is his utility from this consumption:}$

question 121

Multiple Choice

$\text {Josh is eating pizza at his favorite Italian restaurant. Below is his utility from this consumption:}$
$\begin{array}{|l|l|l|}\hline & \text { Total Utility } & \text { Marginal Utility } \\\hline \text { First slice of pizza } & 20 & 20 \\\hline \text { Second slice of pizza } & 39 & 19 \\\hline \text { Third slice of pizza } & - & 15 \\\hline \text { Fourth slice of pizza } & 59 & - \\\hline\end{array}$
$\text {Table \(19.1\) }$ Refer to Table 19.1.The marginal utility Josh enjoys from the fourth slice of pizza is

• A)20 utils.
• B)54 utils.
• C)5 utils.
• D)0 utils.

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Definitions:

Direct Labor Rate

The cost per hour for labor directly involved in manufacturing a product or providing a service.

Direct Materials Cost

The cost of raw materials that are directly used in the manufacture of a product and are easily traceable to it.

Total Overhead Applied

The total amount of manufacturing overhead costs allocated to individual jobs or products based on a predetermined overhead rate.

Direct Labor Rate

The cost per hour for labor directly involved in the production of goods or services.