Answer to Question #302913 in Microeconomics for Alexis

Question

3.- From the TUx schedule in Table:

a) Derive the MUx Schedule.

b) Plot the TUx and the MUx schedules and indicate the saturation point.

Qx 0 1 2 3 4 5 6 7 8 9

TUx 0 7 13 18 22 25 27 28 28 27

Answer 1

$MU_x=\frac{\Delta TU_x}{Q_x},$

$\def\arraystretch{1.5} \begin{array}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Q_x & 0 & 1&2&3&4&5&6&7&8&9 \\ \hline TU_x & 0 & 7&13&18&22&25&27&28&28&27\\ \hline MU_x & -&7&6&5 & 4&3&2&1&0&-1 \\ \hline \end{array}$