Question

If Ranjodh Singh is consuming 4 units of a commodity, then 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 unit​

Answer 1

Answer:

as a consumer consume more units of commodity utility goes on deminishing

Explanation:

4 units 20 utils

5Units 28utils

marginal utility means change in total utility by consuming one more units of commodity

therefore marginal utility of 5th unit will be

30-18=2