Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
3
B
5
C
10
D
13
Understanding the Answer
Let's break down why this is correct
Answer
Marginal utility is the extra satisfaction or benefit a consumer gets from consuming one more unit of a good. In this case, the consumer gets 10 units of total utility from eating 2 apples. When they eat a third apple, their total utility rises to 13 units. To find the marginal utility of the third apple, we subtract the total utility from 2 apples (10 units) from the total utility after eating the third apple (13 units). So, the marginal utility of the third apple is 13 minus 10, which equals 3 units of utility.
Detailed Explanation
The marginal utility is the extra satisfaction from one more apple. Other options are incorrect because This answer suggests the extra satisfaction is 5; This answer says the extra satisfaction is 10.
Key Concepts
Total utility
Topic
Marginal Utility and Budgeting
Difficulty
easy level question
Cognitive Level
understand
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