The marginal utility is the addition made to the total utility when an additional unit is produced, the marginal utility is calculated by dividing the change in total utility by the change in quantity.
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Unit | TU(Divya) | MU |
0 | 0 | - |
1 | 60 | ![]() |
2 | 120 | ![]() |
3 | 180 | 60 |
4 | 240 | 60 |
5 | 300 | 60 |
6 | 360 | 60 |
7 | 420 | 60 |
8 | 480 | 60 |
9 | 540 | 60 |
Here the marginal utility is constant over the period.
Ans:
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QUESTION 13 Quantity Per Week Total Utility Brook Kate Amy 100 5.0 9.9 147 190 no GN- 400 450 600 1200 1800 2400 3000 3600 4200 4800 5400 32.9 425 575 900 1275 1770 372 520 510 Refer to the above table. Brook's utility schedule shows initially decreasing marginal utility and then increasing marginal utility. increasing marginal utility throughout her entire schedule. Initially increasing marginal utility and then decreasing marginal utility. diminishing marginal utility throughout her entire schedule. QUESTION 14...
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