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25.8k views
in Economics by (69.5k points)

A person’s total utility schedule is given below. Derive marginal utility schedule. 

Amount Consumed Total utility
0 0
1 10
2 25
3 38
4 48
5 55

1 Answer

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Best answer
Amount Consumed Total utility Marginal utility
0 0 0
1 10 10
2 25 15
3 38 13
4 48 10
5 55 7

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