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What is the utility-maximizing quantity

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Reference no: EM131853084

Price of beeer is $2 per unit. Using the following data in the table, calculate MU, MNU and TNU of Beer.

Q 0 1 2 3 4

TU 0 6 10 12 13

1. What is the utility-maximizing quantity?

2. What is consumer's surplus?

3. What is utility-maximizing TNU?

Reference no: EM131853084

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