Question
Discuss briefly, using a hypothetical schedule, the relation between marginal utility and total utility.
| Number of Units Consumed of Commodity X | Total Utility (TU) (utils) | Marginal Utility (MU) MUn = TUn – TUn - 1 (utils) |
| 1 | 50 | 50 – 0 = 50 |
| 2 | 100 | 100 – 50 = 50 |
| 3 | 130 | 130 – 100 = 30 |
| 4 | 150 | 150 – 130 = 20 |
| 5 | 160 | 160 – 150 = 10 |
| 6 | 160 | 160 – 160 = 0 |
| 7 | 150 | 150 – 160 = –10 |
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.
OR
State components of AD. Describe any one.| Output (units) | Total Revenue (₹) | Marginal Revenue (₹) | Average Revenue (₹) |
| 1 | 14 | - | - |
| 2 | 24 | - | - |
| 3 | 24 | - | - |
| 4 | 16 | - | - |