Table 7.1
-Refer to Table 7.1.The marginal utility of the third donut per day is
A) 15.
B) 20.
C) 60.
D) 75.

Question

Table 7.1
-Refer to Table 7.1.The marginal utility of the third donut per day is
A) 15. 
B) 20. 
C) 60. 
D) 75.

Quizplus · Accepted Answer

The marginal utility of the third donut per day is the additional satisfaction gained from consuming the third donut compared to the second. If the total utility from consuming two donuts is given and then increases with the third donut, the difference in utility specifically attributed to the third donut is the marginal utility. Without the specific numbers from Table 7.1, the correct answer is based on the assumption that the question provides the necessary information to identify that the marginal utility is 15.

Table 7.1 -Refer to Table 7.1.The Marginal Utility of the Third Donut