Question

explain the relation between marginal utility and total utility with the help of table and diagram​

Answer 1

Answer:

The relation between total and marginal utility is explained with the help of Table 1. ... When total utility is maximum at the 5th unit, marginal utility is zero. It is the point of satiety for the consumer. When total utility is decreasing, marginal utility is negative (the 6th and the 7th units).

Explanation:

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Answer 2

Explanation:

utility refers to the amount of satisfaction that a consumer gains from a particular good or service. Total utility refers to the complete amount of satisfaction gained. Marginal utility refers to the satisfaction gained from an extra unit consumed.