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Mollie derives total utility of 10 utils after having 4 mangoes and total utility on consuming 5 mangoes is 9. What is her marginal utility for the 5th mango?

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Question

Mollie derives total utility of 10 utils after having 4 mangoes and total utility on consuming 5 mangoes is 9. What is her marginal utility for the 5th mango?

Options

  • +1 util

  • 0 util

  • −1 util

  • 9 utils

MCQ
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Solution

−1 util

Explanation:

Marginal utility is the change in total utility from one additional mango. \[ MU_5 = TU_5 - TU_4 = 9 - 10 = -1\text{ util} \]

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Chapter 2: Consumer's Equilibrium - OBJECTIVE QUESTIONS [Page 2.49]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 2 Consumer's Equilibrium
OBJECTIVE QUESTIONS | Q 37. | Page 2.49
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