Economy, asked by keerthanas87, 7 months ago

Explain the relationship between total utility and marginal utility with the help
of a schedule and diagram​

Answers

Answered by reenaagrawal
4

Answer:

Explanation:

Total utility is the sum of all utilities derived by a consumer form all units of commodity consumed by him. Whereas Marginal utility is the addition to the total utility derived by consuming an extra or additional unit of a commodity.

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