What is the utility-maximizing quantity

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

Q          TU          MU            TNU            MNU

0           0

1           6

2           10

3           12

4           13

1) What is the utility-maximizing quantity?

2) What is consumer's surplus?

3) What is utility-maximizing TNU?

Reference no: EM131865274

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