Economy, asked by sabhadiyavijay, 9 months ago

Explain TU and MU with the help of a hypothetical schedule and curve.

Answers

Answered by Anonymous
0

Answer:

A relationship between TU and MU:

TU increases with an increase in consumption of a commodity as long as MU is positive. In this phase, TU increases but a diminishing rate as MU from each successive unit tends to diminish. ... When TU reaches its maximum, MU becomes zero.

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