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Blababa [14]
4 years ago
8

Karen received 105 total utils from the first 4 sodas she drank. If the marginal utilities of the first, second, and fourth soda

s are 35, 28, and 16 respectively, what is the marginal utility of the third soda? a. 16.b. 26.c. 27.d. 105.
Business
1 answer:
inysia [295]4 years ago
8 0

Answer:

b. 26

Explanation:

Marginal utility refers to the utility gained by the consumption of an additional unit of a commodity. It is the satisfaction enjoyed by a consumer for the additional use of a unit of a good or service.

Given that the total marginal utilities is 105 and the  marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively,  the marginal utility of the third soda

= 105 - (35 + 28 + 16)

= 26

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3 years ago
If one worker produces 15 cones of ice cream in an hour, two workers produce 25 ice cream cones, and three workers produce 30 ic
Setler [38]

Answer:

The marginal return of production of the second worker or marginal product of the second worker is 10 cones.

Explanation:

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The marginal return of the production of the second worker is the contribution of the second worker in the total output.

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5 0
3 years ago
Patricia McDonald has determined that the value of her liquid assets is $4,600, the value of her real estate is $134,000, the va
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Answer:

Net worth = $169,900

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