Moving to another question will save this respoe Question 4

Moving to another question will save this respoe Question 4 According to Table 1 in the imagefil,the value for D 45 60. 70. 75. Moving to another question wil save this response

Solution

Option 3. 70

To solve for D, we must first find C. The value to C = 45 + 15 = 60 (Marginal utility of 3rd unit is added to total utility of 2nd unit).

C = 60.

To find D we use the same logic. Add marginal utility of 4th unit to total utility of 3rd unit.

D = 60 + 10 = 70