Economy, asked by sv44drawlove, 5 months ago

What happens to total utility and marginal utility, when quantity increases​

Answers

Answered by shynaanwar
1

Answer:

Marginal utility always declines for each successive quantity of consumption. ... As can be seen in these diagrams, total utility increases with increasing quantity of a single item until marginal utility = 0; thereafter, total utility declines when marginal utility becomes negative.

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