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Number of Uses Total Utility Marginal Utility 1 30 ? 2 55 ? 3 77 ? 4 95 ? 5 110 ? 6 120 ?
Number of Uses Total Utility Marginal Utility
1 30 ?
2 55 ?
3 77 ?
4 95 ?
5 110 ?
6 120 ?
7 127 ?
8 130 ?
9 131 ?
10 126 ?
i. Calculate MU and draw MU curve. [3]
ii. Identify when MU is zero and negative. [1]
iii. Based on above table, in which level of consumption MU and total
utility will be equal? Explain graphically. [2]
b) Can two persons from same economic background enjoy equal amount of utility from specific
consumption of a particular goods? Can you think of some of your own examples to justify
your answer? [4]
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