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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:
- Complete the above table.
- 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
-
Unity of a
commodityTotal Utility
(TU) unitsMarginal Utility
(MU) units1 6 6 2 11 5 3 15 4 4 15 0 5 14 -1 - 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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2 | 11 | 5 |
3 | 15 | 4 |
4 | 15 | 0 |
5 | 14 | -1 |
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