Multiple Choice
Suppose Carrie's utility function for clams is as follows: If she consumes 1 clam,she gets 10 units of total utility; for 2 clams,she gets 18 units of total utility; for 3 clams,she gets 24 units of total utility; for 4 clams,she gets 28 units of total utility; for 5 clams,she gets 30 units of total utility; and for 6 clams,she gets 26 units of total utility.
A) Carrie gets 9 units of marginal utility for the 2nd clam.
B) Carrie gets 8 units of marginal utility for the 3rd clam.
C) Carrie gets 7 units of marginal utility for the 4th clam.
D) None of the above are true.
Correct Answer:
Verified
Correct Answer:
Verified
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