WAEC Economics 2012 Objective — Question 14
Question 14 of 49 from the West African Examinations Council (WAEC) Economics 2012 Objective paper, with the correct answer and a full explanation.
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If a particular consumer derives total utility of 22 utils having consumed 4 units of a given product, his average utility will be
- A. 88 utils
- B. 5.5 utilsCorrect
- C. 5.5 utils
- D. 3.5 utils
Explanation
If the total utility from 4 units is 22, the average utility = Tu/Q = 22/4 = 5.5.
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