Suppose Mary is in consumer equilibrium. The marginal utility of good A is 30, and the price of good A is $2. a. if the price of good B is $4, the price of good C is $3, the price of good D is $1, and the price of all other goods and services is $5, what is the marginal utility of each goods mary is purchasing? b. If mary has chosen to keep $10 in savings, what is the ratio of MU to P for savings?
If you want to find the marginal utility of a product the formula for it is Marginal Product good A\[Marginal utility of good A\div Price of Good A = Marginal Utility of good B \div price of good B\] now since marginal utility of good A is given then by using this formula the the marginal utility of good B is 60 , MU of good C is 45 and MU of good D is 15
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