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1.2 Individual economic decision making (A-level only)

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Question 17

The graph below shows the marginal utility (MUMUMU) that a rational consumer derives from consuming organic smoothies per week, alongside the current market price (P=£5P = £5P=£5).

Marginal Utility Graph

Based on the graph, what is the total consumer surplus gained per week by this utility-maximising consumer?

£8£8£8

£9£9£9

£19£19£19

£24£24£24

1.2 Individual economic decision making (A-level only) Questions

  1. A Level
  2. /Economics
  3. /1.2 Individual economic decision making (A-level only)