Microeconomics,, 16th Canadian Edition

Problems

11. The table below shows how Brett’s utility increases as the number

of avocados he consumes (per month) increases. Brett’s utility is

measured in utils, a name that economists invented to describe

units of utility.

Avocados Total Utility (in utils) Marginal Utility (in utils)

Zero 0

First 100

Second 185

Third 245

Fourth 285

Fifth 315

Sixth 335

Seventh 345