Suppose that your demand schedule for jeans is shown in the table below.
A)Your total utility from 5 pairs of jeans would be ____.
B)Your marginal utility for the fifth pair would be ____.
C)If the price of jeans were $10 a pair,your consumer surplus would be ____.
$$\begin{array} { | c | c | c | c | }
\hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \
\hline \$ 60 & 1 & & \
\hline \$ 50 & 2 & & \
\hline \$ 40 & 3 & & \
\hline \$ 25 & 4 & & \
\hline \$ 10 & 5 & & \
\hline
\end{array}$$

Question

Suppose that your demand schedule for jeans is shown in the table below.
A)Your total utility from 5 pairs of jeans would be ____.
B)Your marginal utility for the fifth pair would be ____.
C)If the price of jeans were $10 a pair,your consumer surplus would be ____.
$$\begin{array} { | c | c | c | c | } 
\hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \
\hline \$ 60 & 1 & & \
\hline \$ 50 & 2 & & \
\hline \$ 40 & 3 & & \
\hline \$ 25 & 4 & & \
\hline \$ 10 & 5 & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Suppose that your demand schedule for jeans is shown in the table below.
A)Your total utility from 5 pairs of jeans would be ____.
B)Your marginal utility for the fifth pair would be ____.
C)If the price of jeans were $10 a pair,your consumer surplus would be ____.
$$\begin{array} { | c | c | c | c | } 
\hline \text { Price } & \text { Quantity Demanded } & \text { Marginal Utility } & \text { Total Utility } \
\hline \$ 60 & 1 & & \
\hline \$ 50 & 2 & & \
\hline \$ 40 & 3 & & \
\hline \$ 25 & 4 & & \
\hline \$ 10 & 5 & & \
\hline
\end{array}$$

Suppose That Your Demand Schedule for Jeans Is Shown in the Table