The following is the utility table for good X.

Qty	Marginal Utility ( MU)	Total Utility ( TU)	Price elasticity of demand (assume 1MU =$1)
1	720
2		1370
3		1950
4	480
5	360
6	260
7	100

1. Complete the table above. (10 marks)
2. Graph and explain the relation relationship between the utility curve and demand (5 marks)
3. Graph the demand curve and label 3 points (the highest PED, PED closest to 1 or =1, lowest PED) based on the above table. (3 marks)
4. Currently, the product is $360, the company wants to increase total revenue. Explain how maximum revenue can be achieved. (2marks)