Assume the Utility Janet Obtains from Consuming Apples Is Given

question 2

Essay

Assume the utility Janet obtains from consuming apples is given in the table below.
(a) Draw the graphs for Jane's total utility curve and marginal utility curve for apples.
(b) At what point does diminishing marginal utility set in?
(c) What is the maximum satisfaction (total utility) she can obtain from consuming apples?
(d) If Janet is at her level of maximum utility from apple consumption, what will happen to her level of utility if she consumes an additional apple?
(e) If apples were freely given away at zero cost, how many apples would she choose to consume? $$\begin{array} { c c c } \text { Number of apples } & \text { Total Utility } & \begin{array} { c } \text { Marginal } \\\text { Utility }\end{array} \\1 & 7 & 7 \\2 & 13 & 6 \\3 & 18 & 5 \\4 & 22 & 4 \\5 & 25 & 3 \\6 & 27 & 2 \\7 & 28 & 1 \\8 & 28 & 0 \\9 & 27 & - 1 \\10 & 25 & - 2\end{array}$$ Note: Marginal utility should be interpreted as between levels of total utility, so that the marginal utility between 0 and 1 apple is 7, and the marginal utility between 1 and 2 apples is 6.

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Definitions:

Child-Rearing Practices

The methods and strategies used by parents and caregivers to raise and educate children, influencing their physical, emotional, and social development.

Securely Attached

Securely attached individuals tend to have a positive view of themselves and their relationships, feeling comfortable with intimacy and independence, stemming from stable and responsive caregiver relationships in early development.

Maternal Emotions

The complex spectrum of feelings and emotional states experienced by mothers in relation to their maternal role and their children.

Prenatal Development

The process of growth and development within the womb from conception to birth, influencing physical, cognitive, and emotional health.