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If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar is

Answer :

The marginal utility of the third candy bar is 5 units.

What is utility?

It should be noted that utility is the satisfaction that's gotten when one uses a good or a particular service

In this case, the marginal utility of the third candy bar will be:

= 25 - 20

= 5 units.

Learn more about utility on:

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