The table below is a Marginal Value schedule for person A It shows As MV for product X relative to product Y Assume if the price equals MV the buyer will buy Quantity of X MV of X in terms of Y 1 50 2 45 3 40 4 35 5 30 6 25 7 20 8 15 9 10 10 5 11 0 13 a As mv of the 4th unit of X is b What is the total value of 4 units to A

Question: The table below is a Marginal Value schedule for person A. It shows As MV for product X relative to product Y. Assume if the

The table below is a Marginal Value schedule for person A. It shows A’s MV for product X relative to product Y. Assume if the price equals MV the buyer will buy.

Quantity of X	MV of X in terms of Y
1	50
2	45
3	40
4	35
5	30
6	25
7	20
8	15
9	10
10	5
11	0

13. a. A’s mv of the 4th unit of X is _______

b. What is the total value of 4 units to A ______.

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