Plot the graph of the given function


Problem

Suppose an individual has utility that increases with the log of his wealth: U = ln(W), where W is a number that denotes wealth. Compute the value of U for values of W running from 1. . . 20 (not including zero). Then plot the graph of the function and determine if it displays increasing, constant or decreasing marginal utility.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Plot the graph of the given function
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