Question

commerce 11th
what is the relation between total utility and marginal utility?​

Answer 1

Answer:

here your answer

Explanation:

Utility is the satisfaction a person derives from the consumption of a good or service. Total utility is the total satisfaction received from consuming a given total quantity of a good or service, while marginal utility is the satisfaction gained from consuming an additional quantity of that item.

Answer 2

Answer:

Total utility is the total satisfaction received from consuming a given total quantity of a good or service. Marginal utility is the satisfaction gained from consuming another quantity of a good or service.