Question 9
MediumOriginal questionThe table shows a consumer's total utility from ice cream.
| Units of ice cream | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
|---|---|---|---|---|---|---|---|
| Total utility (utils) | 10 | 18 | 24 | 28 | 30 | 30 | 28 |
What is the total utility of the first 4 units, and how is it found from marginal utilities?
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
The MUs of units 1 to 4 are 10, 8, 6 and 4.
TU₄ = 10 + 8 + 6 + 4 = 28 utils, matching the table.
- Concept
- TU from MUs
- Typical timeTypical
- 70 s
- Your timeYours
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