Table 6.4
$$\begin{array} { | c | c | }
\hline \text { Chocolate Bars } & \text { Total Utility } \
\hline 1 & 10 \
\hline 2 & 25 \
\hline 3 & \
\hline 4 & 60 \
\hline 5 & 70 \
\hline
\end{array}$$
-Refer to Table 6.4,which shows a utility schedule for a consumer's consumption of chocolate bars.The marginal utility of the second chocolate bar is _____ units.
A)2
B)70
C)45
D)15
E)10

Question

Table 6.4
 $$\begin{array} { | c | c | } 
\hline \text { Chocolate Bars } & \text { Total Utility } \
\hline 1 & 10 \
\hline 2 & 25 \
\hline 3 & \
\hline 4 & 60 \
\hline 5 & 70 \
\hline
\end{array}$$
-Refer to Table 6.4,which shows a utility schedule for a consumer's consumption of chocolate bars.The marginal utility of the second chocolate bar is _____ units.
A)2
B)70
C)45
D)15
E)10

Quizplus · Accepted Answer

The marginal utility of the second chocolate bar is calculated by subtracting the total utility of the first chocolate bar from the total utility of the second chocolate bar. This gives us 25 - 10 = 15 units.

Table 64 -Refer to Table 6