Plot marginal utility directly below total utility


Problem: Using the following information, calculate total utility and marginal utility.

A. Plot the total utility curve

B. Plot marginal utility directly below total utility

C. At what marginal utility value does total utility reach at maximum?

Number of utils for the first unit            300
Number of utils for the second unit       250
Number of utils for the third unit          220
Number of utils for the fourth unit        160
Number of utils for the fifth unit           100
Number of utils for the sixth unit           50
Number of utils for the seventh unit      20
Number of utils for the eighth unit         0
Number of utils for the ninth unit        -225

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Microeconomics: Plot marginal utility directly below total utility
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