Consider the Following Table,which Gives Utility Numbers for "Good X

question 84

Essay

Consider the following table,which gives utility numbers for "Good X." Marginal in this table represents values between levels of total utility. $$\begin{array} { | c | c | c | } \hline \text { Units of Good X } & \text { Total Utility } & \text { Marginal Utility } \\\hline 0 & 0 & \\\hline 1 & 10 & \\\hline 2 & & 12 \\\hline 3 & 36 & \\\hline 4 & 52 & \\\hline 5 & & 18 \\\hline 6 & & 20 \\\hline\end{array}$$ (a)Fill in the blanks of the table.
(b)Draw a picture illustrating the relationship between Units of Good X (horizontal axis)and Marginal Utility (vertical axis).
(c)What does the picture you drew for part (b)say about a consumer's satisfaction when increasing consumption of Good X?
(d)How is this example different than what we typically expect to find?

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