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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour3 Marks
Question
A person's marginal utility schedule is given below. Derive their total utility schedule.
Amount Consumed
Marginal Utility
0
-
1
10
2
25
3
38
4
48
5
55
✓

Answer

As we know total utility is the sum total of marginal utilities as shown below.
Amount Consumed
Marginal Utility (Given)
Total Utility=$\Sigma\text{MU}$
0
-
0
1
10
10
2
25
35
3
38
73
4
48
121
5
55
176

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