Quantity X TUx MUX MUX/Px Quantity Y TUy MUY MUy/PY 1 75 96 135 60 72 3 185 50 3. 234 66 4 230 45 A 4 294 60 270 C 5 348 54 1. Calculate the Total Utility for good Y when the quantity is equal to 2. (B=) 96 172 168 O 112 2)

Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
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Chapter20: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
Problem 3WNG
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Quantity X TUX MUX
MUX/Px
Quantity Y TUy MUY
MUy/Py
1
75
1
96
135
60
2
B
72
3
185
50
3.
234
66
4
230
45
A
4
294
60
5
270
C
5
348
54
1. Calculate the Total Utility for good Y when the quantity is equal to 2. (B=) *
96
172
168
O 112
2. Calculate the Marginal Utility for good X when the quantity is equal to 5. (C=) *
Transcribed Image Text:Quantity X TUX MUX MUX/Px Quantity Y TUy MUY MUy/Py 1 75 1 96 135 60 2 B 72 3 185 50 3. 234 66 4 230 45 A 4 294 60 5 270 C 5 348 54 1. Calculate the Total Utility for good Y when the quantity is equal to 2. (B=) * 96 172 168 O 112 2. Calculate the Marginal Utility for good X when the quantity is equal to 5. (C=) *
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