his Question: 1 pt 80150 (4 complete) This Consider the movements that take plac

Question

his Question: 1 pt 80150 (4 complete) This Consider the movements that take place from one point to the next (A to B to C and so on) along the total utility curve at right as the individual successively increases consumption by one more unit, and answer the questions that follow 12 E F Which one-unit increase in consumption from one point to the next along the total utility curve generates the highest marginal utility? to Which one-unit increase in consumption from one point to the next along the total utility curve generates zero marginal utility? to - Which one-unit increase in consumption from one point to the next along the total utility curve generates negative marginal utility? to Consumption per Week

Explanation / Answer

Question 1). Answer :- Point A to Point B.

Explanation :- Marginal utility (due to increase in total utility from point A to point B) = 5 - 0

= 5. (Highest marginal utility).

Question 2). Answer :- Point E to Point F.

Explanation :- Marginal utility (from point E to point F) = 11 - 11

= 0. (Zero marginal utility)

Question 3). Answer :-  Point F to Point G.

Explanation :- Marginal utility (from point F to point G) = 10 - 11

= (-) 1. (Negative marginal utility)

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