The table shows Jill’s utility schedule for pancakes and coffee   # pancakes total utility from pancakes MU from last pancake   # cups of coffee total utility from coffee MU from last cup of coffee   1 10 10   1 12 12   2 18     2 22     3 24     3 30     4 28     4 36     5 30     5 40     6 30     6 42         What is Jill’s marginal utility of consuming the 5th cup of coffee?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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The table shows Jill’s utility schedule for pancakes and coffee

 

# pancakes

total utility

from pancakes

MU from last pancake

 

# cups of coffee

total utility from coffee

MU from last cup of coffee

 

1

10

10

 

1

12

12

 

2

18

 

 

2

22

 

 

3

24

 

 

3

30

 

 

4

28

 

 

4

36

 

 

5

30

 

 

5

40

 

 

6

30

 

 

6

42

 

 

 

 

What is Jill’s marginal utility of consuming the 5th cup of coffee?

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