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GRAPHING ASSIGMENT # 4. THIS IS COPYRIGHTED MATERIAL. You are given the following data about the consumer utility in the USA for watching television programming.

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GRAPHING ASSIGMENT # 4. THIS IS COPYRIGHTED MATERIAL. You are given the following data about the consumer utility in the USA for watching television programming. This includes all tv programming regular tv, cable tv, social media, and any/all streaming services, etc. Total Utility (TU) is measured in 1000's of utils and the quantity of television watched (Q) is measured in number of hours of tv watched per week Marginal Utility (MU) is also measured in 1000's of utils. You will be making a presentation about this utility for your Microeconomics class. The data is listed below. The source for your knowledge about utility is Chris Paton's article \"Happiness and Television Watching,\" published in the Radio and Broadcasting Journal, vol. 36, pp. 34-40, October 25, 2023. THIS IS COPYRIGHTED MATERIAL. Total Utility 0 15 27 37 45 51 53 53 50 Hours of TV Watching 0 1 2 3 4 5 6 7 8 THIS IS COPYRIGHTED MATERIAL 1. a.In one clearly and accurately labeled graph, created using Excel, graph the Total Utility (TU) curve of television watching. This will be graph # 2 in your presentation. (15 pts) THIS IS COPYRIGHTED MATERIAL b. In one clearly and accurately labeled table, created using Excel, list your data for Marginal Utility (MU), being certain to show all your work for calculating MU. This will be Table # 3 in your presentation. (10 pts) Showing formulas is not showing work. You must show all the work for all calculations. No work shown = no credit. THIS IS COPYRIGHTED MATERIAL c. In one clearly and accurately labeled graph, created using Excel, graph your MU curve of consumer tv watching. This will be graph # 5 in your presentation. (15 pts) THIS IS COPYRIGHTED MATERIAL. c. In one clearly and accurately labeled table, created using Excel, list your data for MU, being certain to show all your work for calculating MU. This will be Table # 1 in your presentation. (15 pts) THIS IS COPYRIGHTED MATERIAL. d. Based solely on your graphs in parts a and , and specifically referencing both graphs, explain the following. Do not speak in general terms, the answers need to be in terms of your particular graphs. a. state exactly where TU and MU have hit their peak and why they have hit their peak (8 pts) b. state exactly where diminishing marginal utility begins on both graphs and why it starts there. (8 pts) c. state exactly where negative marginal utility is located on both curves and why. (4 pts) (5 pts each for a-b-c, for 15 pts total) THIS IS COPYRIGHTED MATERIAL Graphs/table for GA 4 must be properly constructed/created using Excel. Number each step. The assignment must be either .doc or .pdf only. Include your name at the top of the assignment before submitting. GA 4 is worth 60 points. THIS IS COPYRIGHTED MATERIAL

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