Info in images Mylie's total utility from singing the same song over and over is 80 utils after one repetition, 120 utils after two repetitions, 150 utilsafter three repetitions, 170 utils after four repetitions, 130 utils after five repetitions, and 70 utils after six repetitions, as shown in thetable below.a. Write down her marginal utility for each repetition.Instructions: Enter your answers as a whole number. If you are entering any negative numbers be sure to include a negative sign (-) infront of those numbers.RepetitionsTotal UtilityMarginal Utility1801203.15041705.1306.70 The following table shows the amounts of additional satisfaction (marginal utility) that Ross would get from consuming successivequantities of products A and B.a. Fill in the MU/P column for each product.Instructions: Enter your answers rounded to one decimal place.Price of Good A = $8Price of Good B = $4Units ofMU of Good A,Units ofMU of Good B,MU/P for AMU/P for BGood AutilsGood Butils1561322482283323244244202012161071278If Ross has an income of $64, how many units of each good will he purchase to maximize his utility?Instructions: Enter your answers as a whole number.units of good Aunits of good BCO

a. Write down her marginal utility for each repetition. Instructions: Enter your answers as a whole number. If you are entering any negative numbe front of those numbers. Repetitions Total Utility Marginal Utility 1 80 2 120 3 150 4 170 5 130 70

a. Write down her marginal utility for each repetition. Instructions: Enter your answers as a whole number. If you are entering any negative numbe front of those numbers. Repetitions Total Utility Marginal Utility 1 80 2 120 3 150 4 170 5 130 70

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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