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Economics · Theory of consumer behaviour

EconomicsTheory of consumer behaviourWAEC

Total utility from 1, 2 and 3 oranges is 20, 35 and 45 utils. Find the marginal utility of the third orange.

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Answer: D. 10

MU = 45 − 35 = 10 utils.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

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