ECO 101 ASSIGNMENT FOR 21A Q1. (a) What do you understand by utility? (b) Given the table below on the consumption of Fanta by Mr Ojo: Quantity Total Utility Marginal Utility (in bottles) (TU) (MU) 10 1 2 15 5 3 15 4 13 -2 un 08 Y 0) Find the value of X and interpret. C) Find the value of Y and interpret. (c) Distinguish clearly between a demand schedule and a demand curve with examples and discuss any five factors affecting the demand for food in Nigeria