Exhibit 6-6 Marginal utility for data for clothes and amusement $$\begin{array} { | c | c | c | }
\hline \text { Quantity } & \text { Clothes } & \text { Amusement } \
\hline 1 & 15 & 20 \
2 & 13 & 18 \
3 & 10 & 15 \
4 & 8 & 12 \
5 & 6 & 10 \
\hline
\end{array}$$
-Refer to Exhibit 6-6. Clothes and amusements are priced at $10 each. The marginal utility per dollar for the first unit of amusement is:
A) 0.5.
B) 1.5.
C) 2.0.
D) 5.0.
E) 20.0.

Question

Exhibit 6-6 Marginal utility for data for clothes and amusement $$\begin{array} { | c | c | c | } 
\hline \text { Quantity } & \text { Clothes } & \text { Amusement } \
\hline 1 & 15 & 20 \
2 & 13 & 18 \
3 & 10 & 15 \
4 & 8 & 12 \
5 & 6 & 10 \
\hline
\end{array}$$
-Refer to Exhibit 6-6. Clothes and amusements are priced at $10 each. The marginal utility per dollar for the first unit of amusement is:
A) 0.5.
B) 1.5.
C) 2.0.
D) 5.0.
E) 20.0.

Quizplus · Accepted Answer

The marginal utility per dollar is calculated by dividing the marginal utility by the price. For the first unit of amusement, the marginal utility is 20, and the price is $10, so 20/10 = 2.0.

Exhibit 6-6 Marginal Utility for Data for Clothes and Amusement