Asked by Ethan Berumen on Jun 27, 2024

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Refer to Figure 6.9. The marginal utility of the third video game rental is

A) 0.
B) 4.
C) 8.
D) 22.

Marginal Utility

The added satisfaction a consumer gets from consuming one additional unit of a good or service.

  • Evaluate marginal utility and appreciate its importance in the decision-making process for ideal consumption.
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JO
Jacob ObertJun 29, 2024
Final Answer :
B
Explanation :
Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service. In this context, the marginal utility of the third video game rental would be the difference in total utility between renting three video games and renting two. Without the specific figure (Figure 6.9) to refer to, the correct answer is based on the assumption that the information provided in the choices is meant to reflect the scenario accurately. Thus, if the marginal utility of the third video game rental is given as an option, it is assumed to be the correct answer based on the choices provided.