Economy, asked by Anonymous, 2 months ago

Define Marginal Utility (MU). (AllIndia2011)??

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Answered by vandana5287

4

Answer:

Marginal Utility (MU) refers to additional utility on account of the consumption of an additional unit of a commodity.

MU=TUn-TUn_1 ‘

Where, MU = Marginal Utility, TU = Total Utility

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