Let

question 8

Essay

Let .
A) Write the Maclaurin polynomial for .
B) Use Taylor's Theorem for to write an integration formula for .

• A) Write the Maclaurin polynomial for .
• B) Use Taylor's Theorem for to write an integration formula for .

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Definitions:

Marginal Utility

The additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

Total Utility

The total satisfaction received from consuming a given total quantity of a good or service.

Marginal Utility

The increase in contentment or advantage a person obtains by consuming another unit of a good or service.

Marginal Utility

The additional satisfaction or usefulness obtained from acquiring or consuming one more unit of a product.