If the utility function (U)between food (F)and clothing (C)can be represented as U = ,the marginal utility of food equals
C) 1/2
D) 1/2

Question

If the utility function (U)between food (F)and clothing (C)can be represented as U =  ,the marginal utility of food equals
C) 1/2 
D) 1/2

Quizplus · Accepted Answer

The marginal utility of food can be found by taking the partial derivative of the utility function with respect to food (F), which gives us MU_F = 6. That means the marginal utility of food is a constant and is equal to 6. However, none of the answer choices provide this value. We need to find the answer choice that is closest to 6. 
Option C is the closest to 6, as it is half of the value in option B, which is 12. Therefore, the best choice is option C.

If the Utility Function (U)between Food (F)and Clothing (C)can Be