Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Micro Economics: Theory of Consumer behaviour

Question:

Calculate the marginal utility of 11th Apple, if the consumption of 10 apples gives total utility of 90 and 11 apples gives 95.

Options:

10

50

100

5

Correct Answer:

5

Explanation:

The correct answer is Option (4) → 5

  • Total utility after consuming 10 apples ($TU_{10}$) = 90
  • Total utility after consuming 11 apples ($TU_{11}$) = 95
  • Marginal utility (MU) of the 11th apple = $TU_{11}$ - $TU_{10}$
  • Marginal utility = 95 - 90
  • Marginal utility = 5