Question 22
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 |
How many units should the consumer take if the ice cream were free?
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
With no price, the only question is satisfaction: he takes units until MU reaches 0.
MU is 0 at the 6th unit (TU 30); the 7th would cut TU to 28.
- Concept
- Consumption of a free good
- Typical timeTypical
- 70 s
- Your timeYours
- —
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