Economy, asked by Manjithkumarjha, 4 months ago

the meaning of marginal utility stands for

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Answered by kimbaebee
2

Explanation:

Marginal utility is the added satisfaction that a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.

Answered by mrsanjusingh78
5

Answer:

Marginal utility, in economics, the additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service

Explanation:

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