Number 1 part a

Number 1 part a - 160 Number of utils for the fifth unit:...

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a. Using the following information, calculate total utility and marginal utility. In doing so plot the total utility curve. Number of utils for the first unit:  300 Number of utils for the second unit:  250 Number of utils for the third unit:  220 Number of utils for the fourth unit: 
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Unformatted text preview: 160 Number of utils for the fifth unit: 100 Number of utils for the sixth unit: 50 Number of utils for the seventh unit: 20 Number of utils for the eighth unit: Number of utils for the ninth unit: -250...
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This note was uploaded on 08/04/2011 for the course ECN 601 taught by Professor Professor during the Spring '10 term at Grand Canyon.

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