Economy, asked by Anonymous, 1 year ago

define total utility

Answers

Answered by mkc2502
3
Total utility is the total satisfaction received from consuming a given totalquantity of a good or service, while marginal utility is the satisfaction gained from consuming another quantity of a good or service. Sometimes, economists like to subdivide utility into individual units that they call utils.
Answered by Anonymous
4

total utility is the sum of total utility derive from the consumption of all the unit of a commodity.....

hope it's help u

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