Question

define marginal utility ​

Answer 1

Answer:

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service

Explanation:

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Answer 2

Marginal Utility :

Marginal Utility (MU) refers to additional utility on account of the consumption of an additional unit of a commodity. ... This law states that as more and more standard units of a commodity are continuously consumed, the Marginal Utility obtained from each successive unit goes on diminishing.

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