EconomicsTheory of consumer behaviourWAEC
Total utility from 1, 2 and 3 oranges is 20, 35 and 45 utils. Find the marginal utility of the third orange.
An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.
Economics · Theory of consumer behaviour
Practise Theory of consumer behaviourA timed set on this topic, freeAsk the AI TutorExplain it another way
Discussion
Ask about a step, share a shortcut, or explain it your way. Be kind; no links.
No comments yet. Be the first to explain it.
More Theory of consumer behaviour questions
- Consumer surplus is the
- If a consumer's income increases while prices stay the same, the budget line
- MU of the last unit of bread is 20 and its price is ₦10. MU of the last unit of milk is 30 at ₦20. To maximise satisfaction the consumer sh…
- Total utility is maximum when marginal utility is
- Consumer surplus is the difference between