The total utility (TU) curve shows the total utility provided by the successive consumption of pizza slices_ Place points a, b, c and d of the marginal utility curve to depict the marginal utility of pizza slices. 98838233TNO Utility 0.0 Total and Marginal Utility 1.0 2.0 Quantity b. 3.0 C TU d. MU 4.0

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Consumer Choice: Maximizing Utility And Behavioral Economics
Section: Chapter Questions
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The total utility (TU) curve shows the total utility provided by the successive consumption of pizza slices.
Place points a, b, c and d of the marginal utility curve to depict the marginal utility of pizza slices.
Utility
40
38
36
34
32
30
28
26
24
22
20
18
16
14
12
10
8
6
4
2
0
0.0
Total and Marginal Utility
a.
1.0
2.0
Quantity
b.
3.0
TU
d. MU
4.0
Transcribed Image Text:The total utility (TU) curve shows the total utility provided by the successive consumption of pizza slices. Place points a, b, c and d of the marginal utility curve to depict the marginal utility of pizza slices. Utility 40 38 36 34 32 30 28 26 24 22 20 18 16 14 12 10 8 6 4 2 0 0.0 Total and Marginal Utility a. 1.0 2.0 Quantity b. 3.0 TU d. MU 4.0
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