Compute the value of u for values of w

Reference no: EM131072504

Suppose an individual has utility that increases with the log of his wealth: U = ln(W), where W is a number that denotes wealth. Compute the value of U for values of W running from 1. . . 20 (not including zero). Then plot the graph of the function and determine if it displays increasing, constant or decreasing marginal utility.

Reference no: EM131072504

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