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Helen Kebede Helen Kebede
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A year ago


Short description: A graph plots unit of a good against the total utility. Long description: The horizontal axis representing the unit of a good ranges from 0 to 6, in increments of 1. The vertical axis representing total utility ranges from 0 to 110, in increments of 10. The graph shows a curve that passes through the following points: (0, 0), (1, 60), (2, 80), (3, 92), (4, 98), and (5, 100). Note: all values are approximate.

FIGURE 6-1

Refer to Figure 6-1. Marginal utility is zero when total utility is



▸ equal to zero.

▸ is decreasing.

▸ at its maximum.

▸ is increasing.

▸ equal to marginal utility.
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Microeconomics

Microeconomics


Edition: 17th
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hhortonhhorton
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Helen Kebede Author
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Thanks for your help!!
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This site is awesome
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