The marginal utility that an individual would experience if she were to consume the first unit of a digital app is 7
utils, and the marginal utility that she would experience if she were to consume a second unit is 12
utils. If one app is the amount that the individual decides to consume, what is the person's total utility?
Part 2
If one app is the amount that the individual decides to consume, her total utility is ---.
utils.
To find the total utility, we need to sum up the marginal utilities of all units consumed.
The first unit of the digital app provides a marginal utility of 7 utils.
If the individual decides to consume only one app, the total utility would be 7 utils.
Therefore, her total utility is 7 utils.
To calculate the person's total utility, you can sum up the marginal utility of each unit consumed.
Based on the information provided, the marginal utility for the first unit consumed is 7 utils, and the marginal utility for the second unit consumed is 12 utils.
To find the total utility, add the marginal utility values together:
Total utility = Marginal utility of first unit + Marginal utility of second unit
Total utility = 7 utils + 12 utils
Total utility = 19 utils
Therefore, if the person decides to consume one unit of the digital app, her total utility would be 19 utils.
To calculate the person's total utility, we need to sum up the marginal utilities of all the units consumed.
In this scenario, the person consumes only one unit of the digital app. The marginal utility for the first unit is given as 7 utils.
Therefore, the person's total utility would be equal to the marginal utility of the first unit consumed, which is 7 utils.
Hence, the person's total utility is 7 utils.