POLYTECHNIC UNIVERSITY OF THE PHILIPPINES

Santa Rosa Campus

Name: Gelacio, Luisa Mae L. Date: May 18, 2022

Course & Section: BSBA MM 2-2 Subject Code: ECON 30103 Instructor: Mrs. Joyce T. Colcol

Seatwork/Assignment Activity 3

Quantity TU MU
1 32 32
2 60 28
3 84 24
4 104 20
5 120 16
6 132 12
7 140 8
8 144 4
9 144 0
10 140 -4
11 132 -8
12 120 -12

1. Fill in the figures for marginal utility.

2. Are these preferences consistent with the LDMU? Yes
3. If TU is maximum, marginal utility is zero
4. If MU is zero and TU is maximum, you reach the diminishing total utility.
5. Graph both TU and MU.

TU and MU
160
140
120
100
80
60
40
20
0
1 2 3 4 5 6 7 8 9 10 11 12
-20

TU MU

JTC:CW/202