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by  |  earlier

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quantity of pizza slices- 0 1 2 3 4 5

Total utility of pizza- 0 25 43 _ _ _

Marginal Utility of pizza _ _ _ 11 5 -1

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  1. quantity of pizza slices- 0 1 2 3 4 5

    Total utility of pizza- 0 25 43 54 59 58

    Marginal Utility of pizza x 25 18 11 5 -1

    ..0...1....2....3 ...4....5

    ..0..25..43..54 ..59..58

    ......25..18..11 ...5...-1

    You have total utility line 0 25 43 _ _ _

    so check marginal utility - each one gives extra to total utility so 43+11=54 now it becomes 0 25 43 54 _ _

    next 54+5=59  now it becomes 0 25 43 54 59 _

    next 59 - 1=58 now it becomes 0 25 43 54 59 58

    Opposite way marginal utility line: _ _ _ 11 5 -1

    Total utility changes from 0 to 25, so 25-0=25

    now it becomes X 25 _ 11 5 -1

    next 43-25=18

    now it becomes X 25 18 11 5 -1

    X means that there no any marginal utility for zero quantity of pizza.

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