Utility schedule
| Quantity of goods consumed | Total Utility | Marginal Utility |
| 0 | 0 | 0 |
| 1 | 10 | 10 |
| 2 | 16 | - |
| 3 | - | 4 |
| 4 | - | - |
| 5 | 23 | 1 |
| 6 | 23 | - |
(a) Complete the above utility schedule
(b) Draw the marginal utility curve
C(i) At what quantity does TU equal MU?
(II) What is the value of MU when TU reaches the maximum?
(iii) What happens to the values of TU as the quantity consumed increases?
(iv) What happens to the values of MU as the quantity consumed increases?
The daily sales of a department store for one week are as follows
| Days | Mon | Tue. | Wed. | Thu. | Fri. | Sat. |
| Sales N | 1750 | 1000 | 3500 | 2250 | 1000 | 2500 |
(a) Present the above data in a bar graph. (The use of graph sheet is essential).
(b) Calculate the average utility curve.
Explain five sources of finance that are available to a Public Limited Company.
State any two ways by which monopolistic competition and perfect competition are similar and any three ways in which they are different.
(a) Explain the methods of measuring the national income of a country
(b) State any three problems associated with measuring national income.
