if ranjodh singh is consuming 4 units of a commodity than his total utility is 20 utils and with the consumption of 5 units, his total utility is 18 utils what will be the value of the marginal utility of the 5th units
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Total utility (TU) refers to the aggregate utility, or the summation of utility, derived from the consumption of all the units of a commodity.
Algebraically, TUn = MU1 + MU2 + MU3 +.............. + MUn = ∑MU
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