Table 6.2
$$\begin{array} { | c | c | }
\hline \text { Units Consumed } & \text { Total Utility } \
\hline 0 & 0 \
\hline 1 & 30 \
\hline 2 & 65 \
\hline 3 & 85 \
\hline 4 & 89 \
\hline 5 & 88 \
\hline
\end{array}$$
-Refer to Table 6.2,which shows the total utility derived from the consumption of a good.The first column of the table shows the number of units of the good consumed in a day,and the second column of the table shows the total utility derived from that consumption.What happens to marginal utility of consuming the fifth good?
A)It increases.
B)It stays the same.
C)It Is more than zero.
D)It is less than zero.
E)It Is zero.

Question

Table 6.2
 $$\begin{array} { | c | c | } 
\hline \text { Units Consumed } & \text { Total Utility } \
\hline 0 & 0 \
\hline 1 & 30 \
\hline 2 & 65 \
\hline 3 & 85 \
\hline 4 & 89 \
\hline 5 & 88 \
\hline
\end{array}$$
-Refer to Table 6.2,which shows the total utility derived from the consumption of a good.The first column of the table shows the number of units of the good consumed in a day,and the second column of the table shows the total utility derived from that consumption.What happens to marginal utility of consuming the fifth good?
A)It increases.
B)It stays the same.
C)It Is more than zero.
D)It is less than zero.
E)It Is zero.

Quizplus · Accepted Answer

Marginal utility is the additional utility gained from consuming one additional unit of a good. In this case, the Total Utility increases from 88 to 89 by consuming the fourth good, but decreases from 89 to 88 by consuming the fifth good. Therefore, the Marginal Utility of consuming the fifth good is negative (-1).

Table 62 -Refer to Table 6