question archive the function of total utility (TU) of a consumer are : TU = 100Q+150Q2+2Q3a
the function of total utility (TU) of a consumer are : TU = 100Q+150Q2+2Q3a
Subject:EconomicsPrice: Bought3
the function of total utility (TU) of a consumer are : TU = 100Q+150Q2+2Q3a. determine the marginal utility functionb. what is the total utility and marginal utility in consumption levels Q=5 units?c. how much quantity which must be consumed in order toachieve the maximum value of the total utility.
