Micro 2.11 Utility Maximization
Watch Jacob Clifford’s Micro 2.11 Utility Maximization and answer the following questions. The link is here: https://www.youtube.com/watch?v=WglpOZOZyDI&feature=youtu.be How do economists describe satisfaction? Describe the shape of a total utility (TU) curve. Show it in a graph. Describe the shape of marginal utility…