Table 6.7
$$\begin{array} { | c | c | }
\hline \text { Frice per Fiece } ( \$ ) & \text { Quantity } \
\hline 8 & 0 \
\hline 7 & 1 \
\hline 6 & 2 \
\hline 5 & 3 \
\hline 4 & 4 \
\hline 3 & 5 \
\hline 2 & 6 \
\hline 1 & 7 \
\hline
\end{array}$$
-Refer to Table 6.7 which shows Ethan's demand for sushi at various prices.The dollar value of the total utility of the first five pieces is $_____.
A)5
B)6
C)10
D)25
E)30

Question

Table 6.7
 $$\begin{array} { | c | c | } 
\hline \text { Frice per Fiece } ( \$ ) & \text { Quantity } \
\hline 8 & 0 \
\hline 7 & 1 \
\hline 6 & 2 \
\hline 5 & 3 \
\hline 4 & 4 \
\hline 3 & 5 \
\hline 2 & 6 \
\hline 1 & 7 \
\hline
\end{array}$$
-Refer to Table 6.7 which shows Ethan's demand for sushi at various prices.The dollar value of the total utility of the first five pieces is $_____.
A)5
B)6
C)10
D)25
E)30

Quizplus · Accepted Answer

The total utility for the first five pieces is calculated by summing the price per piece for these pieces, which are $8, $7, $6, $5, and $4, respectively. Thus, the total is $8 + $7 + $6 + $5 + $4 = $30.

Table 67 -Refer to Table 6