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Mention the relationship between marginal utility and total utility. - Economics

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प्रश्न

Mention the relationship between marginal utility and total utility.

टीपा लिहा

उत्तर

  • Total Utility:
  1. If Total utility increases
  2. If Total utility reaches maximum.
  3. If Total utility diminishes
  • Marginal Utility:
  1. Marginal utility declines
  2. Marginal utility reaches zero
  3. Marginal utility becomes negative
    MUn = TUn – TUn-1.
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The Law of Equi-marginal Utility
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पाठ 2: Consumption Analysis - Model Questions - Part C [पृष्ठ ५२]

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सामाचीर कलवी Economics [English] Class 11 TN Board
पाठ 2 Consumption Analysis
Model Questions - Part C | Q 29 | पृष्ठ ५२
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