The total utility from 9 units of commodity x is 20 and from 10 units is 15. Calculate the marginal utility from 10th unit.

Related MCQs

• If total utility is maximum at a point, then marginal utility is -
• When marginal utility is zero, the total utility is -
• If the change in demand for a commodity is at a faster rate than change in the price of the commodity, the demand is -
• The Marginal Utility Curve slopes downward from left to right indicating -
• If the average total cost is Rs.54, total fixed cost is Rs.45000 and quantity produced is 2500 units, find the average variable costs (in Rs.) of the firm -
• If total product is at its maximum then:....... note:(AP= Average product) (MP= Marginal product.)
• What is the term for total sales value divided by the number of units sold and thus equals to average price is?
• Enterprise is the controlling unit of a business. The operating unit of a business is called:
• The addition to total cost by producing an additional unit of out-put by a firm is called -
• The relationship between price of a commodity and the demand for it -