the table below represents a traveler's consumption of bottles of coca cola. Answer the questions...
the table below represents a traveler's consumption of bottles of coca cola. Answer the questions...
the table below represents a traveler's consumption of bottles of coca cola. Answer the questions fully.
no of total utility Marginal utility
bottles
1 15 15
2 29 f
3 42 13
4 d 12
5 65 g
6 75 h
7 e 0
a) complete the missing figures d,e,f,g h
b) draw the demand curve for the traveller's consumption of coca cola
c) explain the law of diminishing marginal utility as the basis for the slope of the demand curve?
InEconomics
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Asked by mercy on 11th May, 2020
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