what is total utility ?with example
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For example, a cookie provides a level of total utility as determined by its singular consumption, while a bag of cookies may provide its total utility over the course of time it takes to completely consume all of the cookies in the bag, with each cookie consumed providing a level of marginalutility contributing to ...
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For example, a cookie provides a level of total utility as determined by its singular consumption, while a bag of cookies may provide its total utility over the course of time it takes to completely consume all of the cookies in the bag, with each cookie consumed providing a level of marginalutility contributing to ...
please mark me as the brainliest one
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it is the sum total of utility drive from the consuption of all the units of a commodity
for ex: if two units of an apple is consume and first apple yields the statification of ten utils while second give the satisfication nine utils . the total utility will be 10 +9 utlis = 19 utils
i hope it helps u
for ex: if two units of an apple is consume and first apple yields the statification of ten utils while second give the satisfication nine utils . the total utility will be 10 +9 utlis = 19 utils
i hope it helps u
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