Question

What is the total utility at 3 units and the marginal utility when Jill goes from...

What is the total utility at 3 units and the marginal utility when Jill goes from consuming two bananas to three bananas?

Quantity

Marginal Utility

1

20

2

15

3

10

4

5

5

0

6

-5

Total utility = 45 ; Marginal Utility = 10

Total utility = 45 ; Marginal Utility = 5

0 0
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Answer #1

When Jill consumes 3 bananas, marginal utility (all added up) gives total utility = 20 + 15 + 10 = 45 utils

Marginal utility when Jill goes from consuming two bananas to three bananas = 10 utils (as given in the table)

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