Marginal Utility

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  Marginal utility of last unit of wine bottle per dollar spent=50/10=5 Marginal utility of last unit of cheese per dollar spent=40/4=10 Since Marginal Utility of last wine bottle per dollar is not same as marginal utility of last pound of cheese per

• Total and Marginal Utility

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• Filling in blanks for total and marginal utility

  fcd=dsp&key=marginal+utility
  
  The marginal utility of X is the additional utility from one additional unit of X or, more formally, the derivative of utility with respect to X.

• Total Utiliilty and Marginal Utility

  328230 Total Utiliilty and Marginal Utility Using the following information, calculate total utility and marginal utility. A. Plot the total utility curve B. Plot marginal utility directly below total utility C.