Total utility : All units :: Marginal Utility:
Answers
Answered by
0
Answer:
While total utility measures the aggregate satisfaction an individual receives from the consumption of a specific quantity of a good or service, marginal utility is the satisfaction an individual receives from consuming one additional unit of a good or service.
❤️❤️Good afternoon
Similar questions
Accountancy,
18 days ago
Math,
18 days ago
English,
18 days ago
Math,
1 month ago
Social Sciences,
9 months ago
Business Studies,
9 months ago
English,
9 months ago