Question

explain the various points of relationship between marginal utility and total utility with the help of schedule and daigram
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Answer 1

Explanation:

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• 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

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Answer 2

Answer:

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ReRequiredAnswe

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

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