CALCULATION OF MARGINAL UTILITY FOR THE FOLLOWING..pls chk if correct
Calculate Mu
Quantity of X | Tu | Mu |
0 | 0 | |
1 | 8 | 8 |
2 | 14 | 6 |
3 | 18 | 4 |
4 | 20 | 2 |
5 | 20 | 0 |
6 | 18 | –2 |
Quantity of X | Tu | Mu |
0 | 0 | |
1 | 8 | 8 |
2 | 14 | 6 |
3 | 18 | 4 |
4 | 20 | 2 |
5 | 20 | 0 |
6 | 18 | –2 |