The following schedule shows the utility Mr. Pomeroy derives from consumption of various amounts of food per day. Use it to answer the next question.

-If he consumes 2 pounds of food per day,his marginal utility is
A) 2.
B) 3.
C) 4.
D) 5.
E) 9.

Question

The following schedule shows the utility Mr. Pomeroy derives from consumption of various amounts of food per day. Use it to answer the next question.
 
-If he consumes 2 pounds of food per day,his marginal utility is
A) 2. 
B) 3. 
C) 4. 
D) 5. 
E) 9.

Quizplus · Accepted Answer

To find the marginal utility, we need to look at the change in utility when consuming an additional unit of the good. In this case, consuming an additional pound of food increases Mr. Pomeroy's utility by 4. Therefore, the marginal utility of consuming 2 pounds of food per day is 4.

To find the best choice for Mr. Pomeroy, we need to look for the point where the marginal utility per dollar spent is equal across all goods. However, we don't have information on the prices of different foods or on Mr. Pomeroy's income, so we cannot determine the best choice given this information alone.

The Following Schedule Shows the Utility Mr