Fill in the two missing cells of the table. Total Utility Marginal Utility (Utils per round) Golf (Rounds) (Utils) 35 35 30 25 3 90 110 15 125 10 6. 135 On the following graph, use the purple points (diamonds symbol) to plot Raphael's total utility (TU) curve if he consumes zero, one, two, three, four, five, or six rounds of golf per month. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Fill in the two missing cells of the table.
Golf
Total Utility
Marginal Utility
(Rounds)
(Utils)
(Utils per round)
35
35
30
25
90
4
110
15
125
10
6.
135
On the following graph, use the purple points (diamonds symbol) to plot Raphael's total utility (TU) curve if he consumes zero, one, two, three, four,
five, or six rounds of golf per month.
Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically.
150
135
120
105
90
75
UTILITY (Utils)
Transcribed Image Text:Fill in the two missing cells of the table. Golf Total Utility Marginal Utility (Rounds) (Utils) (Utils per round) 35 35 30 25 90 4 110 15 125 10 6. 135 On the following graph, use the purple points (diamonds symbol) to plot Raphael's total utility (TU) curve if he consumes zero, one, two, three, four, five, or six rounds of golf per month. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. 150 135 120 105 90 75 UTILITY (Utils)
On the following graph, use the blue points (circle symbol) to plot Raphael's marginal utility (MU) curve from consuming his first six rounds of golf.
40
35
30
25
15
10
1
2
3
4
GOLF (Rounds)
marginal utility.
For Raphael, increasing his consumption of golf results in
MARGINAL UTILITY (Utils)
20
Transcribed Image Text:On the following graph, use the blue points (circle symbol) to plot Raphael's marginal utility (MU) curve from consuming his first six rounds of golf. 40 35 30 25 15 10 1 2 3 4 GOLF (Rounds) marginal utility. For Raphael, increasing his consumption of golf results in MARGINAL UTILITY (Utils) 20
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