The new Spooky Tooth album just came out. You have listened to it six times today and experienced the units of utility per listen shown below:

The new Spooky Tooth album just came out. You have listened to it six times today and experienced the units of utility per listen shown below:

LISTEN   UTILITY

  1        13

  2        11

   3         8

   4         4

  5         0

   6        – 6

1) Using excel or neatly creating by hand and scanning, draw a graph  showing marginal utility based on the material above. Explain what it means with specific reference to the numbers used in the graph.

2)graph of total utility. Explain what it means based on the numbers calculated.

3) In order to maximize utility, how many times should the album be listened to? Provide an explanation.

4) In terms of utility, what could motivate you to switch from another activity and begin listening to the album?

5) How can marginal utility be used as a guiding principle when deciding how many different products your firm should market? Provide an original example.

Show more







Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10