TU = Total Utility
MU = Marginal Utility
Suppose the following numbers represent how much happiness or TU (stated by how much money you are willing to trade) you derive from increasing quantities of Vitamin Water (consumed at one time):
Vitamin Water
Q = 1, 2, 3, 4
TU = $2.00, 3.50, 4.50, 4.50
Find MU.
Answer: MU = $2.00, 1.50, 1.00, 0.00