Economy, asked by mohansinghgular, 6 months ago

Total Utility can be expressed
of Marginal Utilities.
as​

Answers

Answered by atharvanirmal77
1

Answer:

The term marginal refers to a small change, starting from some baseline level. ... Marginal utility can then be defined as the first derivative of total utility—the total satisfaction obtained from consumption of a good or service—with respect to the amount of consumption of that good or service. TU:- TOTAL UTILITY

MU:- MARGINAL UTILITY

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