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Observe the given table and answer the questions given below it: Unity of a commodity Total Utility (TU) units Marginal Utility(MU) units - Economics

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Question

Observe the given table and answer the questions given below it:

Unity of a
commodity
Total Utility
(TU) units
Marginal Utility
(MU) units
1 6 `square`
2 `square` 5
3 15 4
4 15 `square`
5 `square` -1

Questions:

  1. Complete the above table.
  2. a. When the total utility is maximum, marginal utility is - `square`
    b. When total utility falls, the marginal utility becomes - `square`
Answer in Brief

Solution

  1. Unity of a
    commodity
    Total Utility
    (TU) units
    Marginal Utility
    (MU) units
    1 6 6
    2 11 5
    3 15 4
    4 15 0
    5 14 -1
  2. a. When the total utility is maximum, marginal utility is - zero.
    b. When total utility falls, the marginal utility becomes - Negative.
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