--%>

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 : Economic profits by competitive

    Economic profits produce competitive pressures which cause: (w) each firm’s output to shrink during the short run. (x) an industry’s output to increase. (y) market prices to increase. (z) firms to leave an industry.

    Q : Reduce average total costs by

    Individual pure competitive firms as well as firms along with market power may each be capable to: (i) reduce average total costs by increasing the size of its operations or economies of scale else decreasing the size of its operations [as diseconomie

  • Q : Monopsonistic firms-Pay lower wages I

    I have a problem in economics on Monopsonistic firms-Pay lower wages. Please help me in the following question. Relative to the firms hiring in a competitive labor market, the monopsonistic firms tend to: (1) Hire more workers. (2) Hire labor up to a

  • Q : Elasticity of Demand for Labor Can

    Can someone help me in finding out the right answer from the given options. Absolute value of the proportional change in labor hired divided by the proportional change in the wage rate is termed as the: (1) Income or substitution coefficient. (2) Employment salary or

  • Q : Total variable cost By refering the

    By refering the following data give the answer of this question . The total variable cost of producing 5 units is: A) $61. B) $48.  C) $37. D) $24. </span

  • Q : Differnt types of demand and supply i

    i want to understand different market competitions using graphs and solving some problems

  • Q : Determinants that consumers want to buy

    In addition to price, what are the other determinants that consumers want to buy?

  • Q : Quantity Equilibrium I have the

    I have the quantity functions of demand and supply for two different goods, and I have to find the equilibrium of both the goods. Would I make all four functions equal to each other to find the equilibrium for the two goods? Or am I supposed to do something else?

  • Q : Claimants to a firms income stream The

    The least probable of the given to be claimants to the firm’s income stream would be the firm’s: (1) Shareholders. (2) Managers. (3) Customers. (4) Suppliers. (5) Government. Can someone please help me in finding out th

  • Q : Demand for a good at price elasticity

    The curve which could demonstrate the demand for a good which has price elasticity equal to one is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1424612 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1938027
    Asked

    3,689

    Active Tutors

    1424612

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.