Economy, asked by gautam3793, 9 months ago

explain the relationship between total utility and marginal utility​

Answers

Answered by sairajee2342004
2

Answer:

*Marginal utility is the addition made to total utility by having an additional unit of the commodity. So long as total utility is increasing, marginal utility is decreasing up to the 4th unit.

*When total utility is maximum at the 5th unit, marginal utility is zero. It is the point of satiety for the consumer.

Explanation:

I hope it helps you.

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