Jennifer enjoys bowling and miniature golf. The extent of her enjoyment is revea
ID: 2528562 • Letter: J
Question
Jennifer enjoys bowling and miniature golf. The extent of her enjoyment is revealed by the following utility schedule:
Number of games
Of Bowling
Total utility
From games played
Number of games
miniature Golf
Total utility from
games played
1
20 units
1
10 units
2
38
2
18
3
54
3
25
4
64
4
31
a) Compute Jennifer’s marginal utility for each activity.
Number of games
Of Bowling
Total utility
From games played
Number of games
miniature Golf
Total utility from
games played
1
20 units
1
10 units
2
38
2
18
3
54
3
25
4
64
4
31
Explanation / Answer
Answers
No. of games: Bowling
Total Utility
Marginal Utility
No. of games: Miniature Golf
Total Utility
Marginal Utility
1
20
20 units
1
10
10 units
2
38
18 units [38-20]
2
18
8 units [18-10]
3
54
16 Units [54-38]
3
25
7 units [25-18]
4
64
10 Units [64-54]
4
31
6 Units [31-25]
No. of games: Bowling
Total Utility
Marginal Utility
No. of games: Miniature Golf
Total Utility
Marginal Utility
1
20
20 units
1
10
10 units
2
38
18 units [38-20]
2
18
8 units [18-10]
3
54
16 Units [54-38]
3
25
7 units [25-18]
4
64
10 Units [64-54]
4
31
6 Units [31-25]
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