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evablogger [386]
3 years ago
12

Consuming 2 widgets provides 240 total utility, while consuming 3 widgets provides 270 total utility. What is the marginal utili

ty of consuming the third widget
Business
1 answer:
inessss [21]3 years ago
3 0

Answer:

30

Explanation:

Data provided in the question

Total utility consuming the 2 widgets = 240

Total utility consuming the 3 widgets = 270

So by considering the above information, the marginal utility of consuming the third widget is

= Total utility consuming the 3 widgets - Total utility consuming the 2 widgets

= 270 - 240

= 30

Basically we deduct the total utility consumes 2 widgets from the total utility consumes 3 widgets

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