Economy, asked by tamannaah58, 7 months ago

A consumer derives marginal utility of 60 Utils from the consumption of a commodity

Answers

Answered by itzshrutiBasrani
0

Explanation:

Marginal utility quantifies the added satisfaction that a consumer garners from consuming additional units of goods or services.

The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.

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