2 is the marginal utility of the 5th candy bar.
When he purchases the 5thcandy bar his total utility increases from 6 utils to 8 utils. 2 utils The marginal utility is calculated as the change in total utility (8 utils - 6 utils) divided by the change in quantity (5 candy bars - 4 candy bars).
Marginal Utility = Change In Total Utility / Change In Units
The change in total utility can be calculated as the current total utility subtracted by a previous total utility. The change in units can be calculated as the current unit amount subtracted by a previous unit amount.
To find total utility economists use the following basic total utility formula: TU = U1 + MU2 + MU3. The total utility is equal to the sum of utils gained from each unit of consumption. In the equation, each unit of consumption is expected to have slightly less utility as more units are consumed.
0 utils. Refer to the accompanying table to answer the questions that follow. The marginal utility of the eighth unit is -30 utils.
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