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20 May, 14:48

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:

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  1. 20 May, 15:00
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    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. This difference of 20 is called marginal utility. (100-80=20)
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