Steven T. answered 11/10/21
Passionate AP Economics Teacher with a Positive Approach
Marginal utility adds to total utility. Since the 8th carrot provides 2 utils, the total utility will increase by 2. The answer is C.
Ashy A.
asked 11/10/21Suppose the seventh carrot you consume provides a marginal utility of 3 utils and the eighth carrot provides a marginal utility of 2 utils. If you consume the eighth carrot your total utility will
a) decrease by 2.
b) decrease by 5.
c) increase by 2.
d) decrease by 1.
e) increase by 1.
Steven T. answered 11/10/21
Passionate AP Economics Teacher with a Positive Approach
Marginal utility adds to total utility. Since the 8th carrot provides 2 utils, the total utility will increase by 2. The answer is C.
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