Question

Given below the marginal utility schedule of individual (A) calculate utility schedule and obtained the marginal utility curve
units consumed
1,2,3,4,5,6,7
mu
30,25,21,16,14,11,5
calculate Tu​

Answer 1

Answer:

Explanation:

The marginal utility and total utility from consumption of various units of a product x are given below :

Unit Marginal Utility Total Utility

0 0 0

1 10 10

2 X 18

3 7 Y

4 Z 31

5 5 P

6 4 40

From the above table find the marginal utility derived from consumption of 2nd unit___.

Answer 2

Answer:

mark

Explanation:

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