--%>
Assignment Help - homework help

Formula for the marginal utility

I have a problem in economics on Formula for the marginal utility. Please help me in the following question. The formula for marginal utility of good X is as: (1) MU = change in U/ change in X. (2) MU = U/X. (3) MU = U1 U2. (4) MU = change in X/change in U.

What is the accurate answer from the above answer.

   Related Questions in Microeconomics

  • Q : Types of assertions for normative

    Normative statements would contain assertions such that: (1) harsh prison terms and capital punishment reduce rates of violent crime. (2) on average, Americans are more prosperous while no single political party controls the presidency that the US Sen

    		•
  • Q : Maximizes profit for output HoloIMAGine

    HoloIMAGine has patented a holographic technology which creates 3-D photography obtainable to consumers. It maximizes profit at: (i) output q1. (ii) output q2. (iii) output q3. (iv) output q4. (v) output q5.

    		•
  • Q : Problem related to aggregate demand

    Refer to the below diagram, in which Qf is the full-employment output. If aggregate demand curve AD1 describes the current situation, appropriate fiscal policy would be to: A) increase taxes and reduce government spending to shift the aggregate d

    		•
  • Q : Procedure of substituting complicated

    The procedure of substituting complicated machinery for human labor is termed as: (1) automation. (2) bionic engineering. (3) scientific management. (4) robotics. (5) industrial sabotage. How can I solve my

  • Q : Definition of monopsonist The

    The individual or firm which is the sole buyer of the specific good or resource is a/an: (i) Monopolist. (ii) Oligopolist. (iii) Monopsonist. (iv) Monopolistic competitor. Find out the right answer from the above options.

    		•
  • Q : Deter entry from potential competitors

    A firm along with important market power which builds an additional plant to increase excess capacity may be trying to as: (w) ignore a depletion of inventory. (x) deter entry from potential competitors. (y) increase demand and thus raise price and pr

    		•
  • Q : Competitive resource markets and low

    When resource markets are competitive and transaction costs are low, in that case landowners: (1) pass forward completely any land tax. (2) can drive up the rental rate of land by changing its supply. (3) bear the full burden of any t

    		•
  • Q : Determine price elasticity coefficient

    In below this demonstrated figure, there demand curve: (w) D0D0 is perfectly price-inelastic. (x) DD is perfectly price-elastic. (y) DD has a price elasticity coefficient of unity (1). (z) D0D0 has a price e

    		•
  • Q : Form of Discrimination The form of

    The form of discrimination which probably causes the smallest problems for income distribution is: (1) occupational discrimination. (2) human capital discrimination. (3) price discrimination. (4) personal discrimination. (5) employment discrimination.

    		•
  • Q : Economic efficiency for pure competition

    Pure competition yields economic efficiency through: (w) punishing profit maximizing behavior. (x) forcing firms to adopt the least costly technologies available. (y) generating high profits as incentives. (z) rewarding entrepreneurs

    		•