Calculate Maxs marginal utility from snorkeling at each number of hours per day. Does Maxs marginal utility

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Calculate Max’s marginal utility from snorkeling at each number of hours per day. Does Max’s marginal utility from snorkeling obey the principle of diminishing marginal utility?


 Hours per day

Total utility from windsurfing

Total utility from snorkeling

1

120

 40

2

220

 76

3

300

106

4

360

128

5

396

140

6

412

150

7

422

158

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Related Book For  answer-question

Microeconomics

ISBN: 978-1292094632

12th edition

Authors: Michael Parkin

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