Given the utility function U = 5x²+12x, find Marginal utility:

Related MCQs

• Revenue function TR = 22x²+14, find Marginal revenue?
• Consumption function is given C = 35 + .4 Yd , find MPC:
• Marginal rate of technical substitution is equal to:
• Marginal rate of substitution between factors is equal to the ratio of :
• The first order derivative of Total Utility:
• The first derivative of the consumption function is:
• The elasticity of substitution under cob- Douglas function:
• Cobb Douglas production function is an example of :
• if all factors of production are increased in a given proportion, output also increased in a same proportion:
• The percentage change in output caused by a given percentage change in a variable factor is: