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CPT Practice Manual
  • The quantity consumed of product X and utility dericed by the consumer Y are given below

    Unit consumed Marginal utility derived Total utility
    0 0 0
    1 10 10
    2   19
    3 8  
    4   33
    5 4  
    6   37
    7   35

    Total utility consumed from consumption of 5 units is….


    1. 33
    2. 37
    3. 35
    4. 30
    Ans : B

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