Observe the given table and answer the question:
Units of a commodity | TU units | MU units |
1 | 6 | 6 |
2 | 11 | 5 |
3 | 15 | 4 |
4 | 15 | 0 |
5 | 14 | -1 |
1. Draw total utility curve and marginal utility curve
Ans:-
2. When total utility is maximum marginal utility is ……………
Ans:-When total utility is maximum marginal utility is zero
3. When total utility falls, marginal utility becomes ……………….
Ans:-When total utility falls, marginal utility becomes negative.