Write the difference b/t total utility & Marginity utility???
Answers
Answered by
1
Answer:
Total utility rises as more consumption is done. Marginal utility diminishes with an increase in total utility. It suffers from diminishing returns. Marginal utility reduces with the consumption of each additional unit.
Answered by
2
Answer:
Total utility rises as more consumption is done. Marginal utility diminishes with an increase in total utility. It suffers from diminishing returns. Marginal utility reduces with the consumption of each additional unit.
Similar questions