Turkçe ad The following table gives a hypothetical total utility schedule Number of Cookies Total Marginal Utility Utility 1 100 3 2

Economics Aug 06, 2020

Turkçe ad The following table gives a hypothetical total utility schedule Number of Cookies Total Marginal Utility Utility 1 100 3 2. 200 3 275 325 4 5 350 6 360 360 7 What is the Marginal Utility for the 6th cookie. A) 0 B) 360 C) 10 D) 100 ramak için buraya yaz?n

Expert Solution

Marginal utility at 6th cookies= (360-350) /6-5

= 10/ 1

= 10

C is right option

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