If Sebastian receives 13 utils from his first slice of beef jerky, 7 from the second slice, and 3 from the third slice, then
A) his total utility is 23.
B) his total utility is 3.
C) Sebastian's consumption of beef jerky does not display the properties of diminishing marginal utility.
D) his total utility is 24.

Question

Quizplus · Accepted Answer

Total utility is the sum of the utility received from each slice: 13 (first slice) + 7 (second slice) + 3 (third slice) = 23 utils.

If Sebastian Receives 13 Utils from His First Slice of Beef