Given the Information in the Table Below,find the Marginal Utility

question 66

Essay

Given the information in the table below,find the marginal utility and the total utility.
$$\begin{array} { | c | c | c | c | } \hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \\\hline \$ 30 & 1 & & \\\hline \$ 25 & 2 & & \\\hline \$ 20 & 3 & & \\\hline \$ 15 & 4 & & \\\hline \$ 10 & 5 & & \\\hline\end{array}$$

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Definitions:

Global Energy Budget

An accounting of the balance between the Earth's energy inputs from the sun and its outputs back into space, influencing climate and weather patterns.

Biodiversity

The variety and variability of life forms within a given ecosystem, bioregion, or for the entire Earth.

Coral Reefs

Biodiverse underwater ecosystems composed of densely packed colonies of coral, which are marine invertebrates.

Climate Change

A long-term alteration in global or regional climate patterns, often attributed significantly to human activities.