Karen O'Brien has the demand schedule for grapefruit shown in the table below.
A) Her total utility for four grapefruits would be ____.
B) Her marginal utility from the fifth grapefruit would be ____.
C) If the price were 40 cents, her consumer surplus would be ____.

Question

Karen O'Brien has the demand schedule for grapefruit shown in the table below.
A) Her total utility for four grapefruits would be ____. 
B) Her marginal utility from the fifth grapefruit would be ____. 
C) If the price were 40 cents, her consumer surplus would be ____.

Quizplus · Accepted Answer

The Answer of Karen O'Brien has the demand schedule for grapefruit shown in the table below.
A) Her total utility for four grapefruits would be ____. 
B) Her marginal utility from the fifth grapefruit would be ____. 
C) If the price were 40 cents, her consumer surplus would be ____.

Karen O'Brien Has the Demand Schedule for Grapefruit Shown in the Table