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Number of Dinners Out per Week Total Utility 100 Marginal Utility 235 250 4. Refer to the figure above. The marginal utility

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Answer #1

Answer

Option 3

60 utils

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MU(n)=TU(n)-TU(n-1)
MU(n)=marginal utility of n th unit
TU(n)=total utility of n units
TU(n-1)= total utility of n-1 units

TU(n)=TU(n-1)+MU(n)

TU(2)=100+75=175

MU(3)=235-175=60

the MU is 60.

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