Economy, asked by kn652213, 6 months ago

"total utility (TU), is the summation of marginal utility (MU)"

Answers

Answered by nitikadhawan22
2

Total utility:- Total utility is the utility derived from the consumption of all the units of the commodity.

Marginal utility:- Marginal utility is the utility derived from the consumption of additional units of the commodity.

TU=sigma MU

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