Economy, asked by jassmita19, 11 months ago

state true or false - when the consumption of an additional unit or a commodity causes no change in total utility, then the marginal utility is constant​

Answers

Answered by Anonymous
2

Yes! the above statement is true.

When there is no change in the total utility the marginal utility remains same.

TOTAL UTILITY:

REFERS TO THE TOTAL CONSUMPTION MADE BY A CONSUMER.

MARGINAL UTILITY:

REFERS TO AN ADDITIONAL UTILITY INTAKE WHICH IS ADDED TO THE TOTAL UTILITY.

MU= TUn - TUn-1

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