Question

What is the relation between marginal utility and total utility?

Answer 1

total utility(TU)=MU(n)+MU(n+1)

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Answer 2

Answer:

Relation between Marginal Utility and Total Utility are as follows:

Explanation:

i) When Marginal Utility is Positive , Total Utility increases .

ii) When Marginal Utility is zero , Total Utility maximum.

iii) When Marginal Utility is Negative, Total Utility decreases.

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