Using the number line above, select the number that would be the opposite of Point T.
1 answer:
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Answer:
The satisfaction level gained when a customer consumes a product is total utility.It calculated by finding the total sum of utility from consumption.
Marginal utility is the rate of change of total utility and quantity consumed.
Here you apply the expression, Marginal utility=change in total utility/change in quantity consumed
Let, Marginal utility=MU
Total utility=TU
Quantity consumed=QC
Then MU=ΔTU ÷Δ QC
Given the table
Chocolate Candy Bars Total Utility(utils) Marginal Utility(utils)
0 0 -
1 25 <u> x</u>
2 <u> y </u> 17
3 54 <u> z</u>
4 <u> a </u> <u> b</u>
5 66 4
6 <u> c </u> -1
Here you have assigned the missing areas with letter, hence finding the real values of the letters;
Apply MU=ΔTU÷ΔQC
<u>Answers</u>
y=42,x=25,z=12,a=62,b=8,c=65
Replace the letters with the real numbers in filling the table.
The area of a rectangle is simply width * length,
well, you have both, so is just their product
well, you have both, so is just their product