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Identify and explain the concept from the given illustration: Kavita consumed five units of oranges one after the other. - Economics

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प्रश्न

Identify and explain the concept from the given illustration:

Kavita consumed five units of oranges one after the other.

टीपा लिहा

उत्तर

Concept: Total utility or Continuity

Explanation:

  • Total utility (TU):
    Total utility refers to the aggregate of utility derived by the consumer from all units of a commodity consumed. It is an aggregate of utilities from all successive commodity units consumed.
  • Continuity:
    All units of a commodity are consumed quickly without any lapse of time.
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पाठ 2: Utility Analysis - Exercise [पृष्ठ १६]

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बालभारती Economics [English] 12 Standard HSC
पाठ 2 Utility Analysis
Exercise | Q 3. (3) | पृष्ठ १६
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