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Suppose This Table Shows Your Demand Schedule for Tee Shirts

question 76

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Suppose this table shows your demand schedule for tee shirts. (a) What is your total utility from three tee shirts? (b) What is your marginal utility from the third tee shirt? (c) If price were $2, how much would your consumer surplus be? Suppose this table shows your demand schedule for tee shirts. (a) What is your total utility from three tee shirts? (b) What is your marginal utility from the third tee shirt? (c) If price were $2, how much would your consumer surplus be?


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