Economy, asked by 12345512, 10 months ago

difference between total utility and marginal utility in points​

Answers

Answered by maimounapasha5463
3

Answer:

Difference Between Total and Marginal utility

total vs marginal utilityThe main difference between total and marginal utility is that total utility refers to the total satisfaction received by the consumer from consuming different units of a commodity while the marginal utility, connotes the additional utility derived from the consumption of the extra unit of a commodity.

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Answered by tikksingh
1

Answer:

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Explanation:

The main difference between total and marginal utility is that total utility refers to the total satisfaction received by the consumer from consuming different units of a commodity while the marginal utility, connotes the additional utility derived from the consumption of the extra unit of a commodity.

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