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Byju's Answer
Standard XI
Economics
Opportunity Cost
From the foll...
Question
From the following data answer the question:
Slices of Bread
Total Utility
Average Utility
Marginal Utility
1
40
40
40
2
78
---
38
3
---
---
35
4
144
36
31
5
170
---
---
6
---
31.7
20
7
---
---
13
8
---
26
5
9
---
---
-4
What is the total utility at the 6th unit?
A
109
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B
190
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C
180
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D
290
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Solution
The correct option is
B
190
Total utility refers to the summation of utilities derived from consumption of all units.
Here, total utility at 6th unit = total utility at 5th unit + marginal utility at 6th unit = 170+20 = 190
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Similar questions
Q.
From the following data answer the question-
Slices of Bread
Total Utility
Average Utility
Marginal Utility
1
40
40
40
2
78
---
38
3
---
---
35
4
144
36
31
5
170
---
---
6
---
31.7
20
7
---
---
13
8
---
26
5
9
---
---
-4
Total utility at 7th unit = ______.
Q.
From the following data answer the question-
Slices of Bread
Total Utility
Average Utility
Marginal Utility
1
40
40
40
2
78
---
38
3
---
---
35
4
144
36
31
5
170
---
---
6
---
31.7
20
7
---
---
13
8
---
26
5
9
---
---
-4
The total utility at the 3rd unit is ______.
Q.
From the following data answer the question:
Slices of Bread
Total Utility
Average Utility
Marginal Utility
1
40
40
40
2
78
---
38
3
---
---
35
4
144
36
31
5
170
---
---
6
---
31.7
20
7
---
---
13
8
---
26
5
9
---
---
-4
What is the average utility at 3rd unit?
Q.
From the following data answer the question:
Slices of Bread
Total Utility
Average Utility
Marginal Utility
1
40
40
40
2
78
---
38
3
---
---
35
4
144
36
31
5
170
---
---
6
---
31.7
20
7
---
---
13
8
---
26
5
9
---
---
-4
Average utility at 9th unit is _____.
Q.
Answer the following question briefly:
Define total utility. How is marginal utility derived from the total utility?
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