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zhenek [66]
3 years ago
7

If maria gets 80 utils from consuming five​ cookies, 100 utils from consuming six​ cookies, and 120 utils from consuming seven​

cookies, then​ Maria's marginal utility from the sixth cookie​ is:
Business
1 answer:
Klio2033 [76]3 years ago
3 0

Answer:

The correct answer is 20 Utils

Explanation:

Marginal utility is the change in the utility from an increase in the consumption of a good or service.

Example of Maria

Maria gets 80 utils from consuming 5 cookies

If Maria consumes 6 cookies, The Utils change from 80 to 100. <u>This difference of 20 is called marginal utility.</u>  (100-80=20)

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In eight years, when he is discharged from the Air Force, Steve wants to buy a $30,000 power boat. Click here to view Exhibit 12
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The required table is not given in the question. Please find below the attachment of the table.

Given:

Future value,

= $30,000

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