Collin's total utility equals 150 utils after eating the third slice of pizza. After eating four slices of pizza, his total utility increases to 160 utils. What is true about Collin's utility from pizza?
A) His marginal utility from the fourth slice of pizza is 160 utils.
B) His marginal utility from the third slice of pizza is 150 utils.
C) His marginal utility from the fourth slice of pizza is larger than his marginal utility from the third slice of pizza.
D) His marginal utility from the fourth slice of pizza is 10 utils.

Question

Quizplus · Accepted Answer

Marginal utility is the change in total utility from consuming one additional unit of a good or service. In this case, Collin's total utility increases by 10 utils (from 150 to 160 utils) after eating the fourth slice of pizza, indicating that the marginal utility of the fourth slice is 10 utils.

Collin's Total Utility Equals 150 Utils After Eating the Third