2 Total and marginal utility Charles enjoys buying shoes The

Last updated: 3/7/2024

2 Total and marginal utility Charles enjoys buying shoes The following table contains information on Charles s utility from shoes each month Fill in the two missing cells of the table Shoes Total Utility Pairs Utils 0 0 TOTAL UTILITY Ut 50 45 40 35 30 25 1 20 2 3 4 in 5 6 12 30 36 40 42 On the following graph use the purple points diamonds symbol to plot Charles s total utility TU curve if he consumes zero one two three four five or six pairs of shoes per month Note Plot your points in the order in which you would like them connected Line segments will connect the points automatically Marginal Utility Utils per pair 12 10 8 0 4 2