Assume that the total utilities for the fifth and sixth units of a good consumed are 83 and 97, respectively.The marginal utility for the sixth unit is:
A) -14.
B) 14.
C) 83.
D) 97.

Question

Quizplus · Accepted Answer

Marginal Utility (MU) refers to the additional utility derived from the consumption of an additional unit of a good or service. The marginal utility for the sixth unit consumed is the difference between the total utility of the sixth unit and the total utility of the fifth unit, i.e.,
MU6 = TU6 - TU5
MU6 = 97 - 83
MU6 = 14
Therefore, the answer is B) 14. 
The best choice is B) 14 because it is straightforward to calculate and is the correct answer based on the information provided in the question.

Assume That the Total Utilities for the Fifth and Sixth