Table 6.4
$$\begin{array} { | c | c | }
\hline \text { Chocolate Bars } & \text { Total Utility } \
\hline 1 & 10 \
\hline 2 & 25 \
\hline 3 & \
\hline 4 & 60 \
\hline 5 & 70 \
\hline
\end{array}$$
-Refer to Table 6.4,which shows a utility schedule for a consumer's consumption of chocolate bars.The total utility derived from the consumption of five chocolate bars is _____ units.
A)2
B)70
C)45
D)15
E)10

Question

Table 6.4
 $$\begin{array} { | c | c | } 
\hline \text { Chocolate Bars } & \text { Total Utility } \
\hline 1 & 10 \
\hline 2 & 25 \
\hline 3 & \
\hline 4 & 60 \
\hline 5 & 70 \
\hline
\end{array}$$
-Refer to Table 6.4,which shows a utility schedule for a consumer's consumption of chocolate bars.The total utility derived from the consumption of five chocolate bars is _____ units.
A)2
B)70
C)45
D)15
E)10

Quizplus · Accepted Answer

The total utility derived from the consumption of five chocolate bars is 70 units (as shown in the table). The best choice for the consumer would be to consume 5 chocolate bars, as that is when the total utility is highest.

Table 64 -Refer to Table 6