POLYTECHNIC UNIVERSITY OF THE PHILIPPINES
Santa Rosa Campus
Name: Rachelle M. Gayas
Course & Section: BSA 1-2 Subject Code: ECON 40133
Date: June 14, 2022
Instructor: Mrs. Joyce T. Colcol
1) Fill in the figures for marginal utility.
Utility Schedules
Quantity
TU
MU
1
32
32
2
60
28
3
84
24
4
104
20
5
120
16
6
132
12
7
140
8
8
144
4
9
144
0
10
140
-4
11
132
-8
12
120
-12
COMPUTATION:
2) 60 – 32
2 -1
=
28
1
= 28
7) 140 – 132 =
7-6
8
1
=8
3) 84 – 60
3-2
=
24
1
= 24
8) 144 – 140 =
8-7
4
1
=4
4) 104 – 84 =
4–3
20
1
= 20
9) 144 - 144 =
9-8
0
1
=0
5) 120 – 104 =
5–4
16
1
= 16
10) 140 – 144 =
10 - 9
-4
1
=-4
12
1
= 12
11) 132 – 140 =
11 - 10
-8
1
=-8
6) 132 – 120 =
6-5
12) 120 – 132 =
12 - 11
-12
1
=-12
2. Are these preference’s consistent with the LDMU? Yes
3. If TU is maximum, marginal utility is zero.
4. If MU is zero and TU is maximum your reach the point of satiety.
5. Graph both TU and MU
Graph for Total Utility
150
Total Utility
125
100
75
50
25
1
2
3
4
5
6
Quantity
35
30
25
20
15
10
5
0
-5
-10
-15
Quantity
7
8
9
10
11
12