solution of all 6 sums practicals on TU and MU
•s utility (TU) schedule is given below. Derive marg'nal unity
•rices
surre
riurn?
i' Indie
MLJ from the total utility (TU) schedule given below:
A persons ML' schedule is given below. Derive Tu:
units consumed
14
Calculate the missing figures.
Units
TU in ulils
MU in utils
14
(TU: 5, 9. '2, 14,
Practicals on Consumer's Equilibrium (Single Commodity)
Suppose price of a commodity •x' is given as 5 and the MU (in terms of money) for 4 units is given
Units
12
many units should a consumer purchase, so that his satisfaction is maximum?
Following is the utility schedule ot a consumer:
Units
40
15
10
Kthe commodity is sold for 5 and M IJ of one rupee is 2 utils. How many units will aconsurner purchase
to maximize his satisfaction?
+4 unis}
Practicals on CTwO.Commodities)
_ and the income