Economy, asked by shivareddyffhv, 1 year ago

concept of marginal utility

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Answered by rohannagpal080
2
Marginal utility is the additional satisfaction a consumer gains from consuming one more unit of a good or service. Marginal utility is an important economic concept because economists use it to determine how much of an item a consumer will buy.

rohannagpal080: Thanks for selecting as brainlliest
Answered by Anonymous
4

marginal utility is the additional utility which we derive by consuming one more unit

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