The marginal utility of his third action figure would be

A) $10.
B) $12.
C) $14.
D) $36.

Question

The marginal utility of his third action figure would beA) $10.B) $12.C) $14.D) $36.

Jacey Terrill · Accepted Answer

Final Answer : A, Explanation :  The marginal utility is the additional utility gained from consuming one more unit. At a price of $10, the third action figure is purchased, so the marginal utility is $10.

The marginal utility of his third action figure would be

A) $10.
B) $12.
C) $14.
D) $36.

Definitions

Learning Objectives

Learning Objectives

Related questions