Question

Following is the total utility schedule of Mr. X :
Units of commodity X / TUx Units
1/20
2/37
3/51
4/61
5/66
6/66
7/64
(i)Derive MU schedule.
(ii)Find out the level of consumption at which Mr.X reaches the saturation point.
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Answer 1

Explanation:

2)Mrx reaches the saturation point when 6 units of the commodity are consumed and MU=0