Ask Question
8 July, 13:10

Suppose alice receives 200 utils from consuming one hamburger and 80 utils from consuming a second hamburger. what is the marginal utility of the second hamburger?

+5
Answers (2)
  1. 8 July, 15:40
    0
    Divide the difference in total utility over the difference in units

    In this case, consuming one more hamburger added 80 utils, which is the marginal utility added.
  2. 8 July, 16:00
    0
    -120

    Explanation:

    Since the utility is decreasing our marginal utility will be negative.

    Total Utility

    1st hamburger = 200

    2nd hamburger = 80

    Marginal utility for 2nd hamburger = 80 - 200 = - 120

    Negative marginal utility
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose alice receives 200 utils from consuming one hamburger and 80 utils from consuming a second hamburger. what is the marginal utility ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers