Economy, asked by shikhamann05, 11 hours ago

what is the meaning of total utility and it's formula.

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Answered by abhiawasthi1406

Explanation:

U = Utility. MU = Marginal Utility. The total utility is equal to the sum of utils gained from each unit of consumption. In the equation, each unit of consumption is expected to have slightly less utility as more units are consumed.

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what is the meaning of total utility and it's formula.​

Answers

what is the meaning of total utility and it's formula.