Economy, asked by harshabella45, 10 days ago

are the same. Marginal Utility and Total Utility Agree or disagree

Answers

Answered by binibijoabiyaaaron

Explanation:

There is no relationship between marginal utility and total utility

Answered by ashauthiras

Answer:

No, TU and MU are different.

Total utility refers to the total satisfaction obtained from the commodity of all possible units of a commodity. It measures the total satisfaction obtained from the consumption of all the units of a commodity.

Marginal utility is the additional utility derived from the consumption of one more unit of the given commodity. It is the utility derived from the last unit of a commodity purchased.

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