Question

When we add up utility derived from consumption of all the units of the commodities, we get ______.

पर्याय

• Total Utility

• Initial utility

• Marginal Utility

• None of these

Answer 1

When we add up utility derived from consumption of all the units of the commodities, we get Total Utility.

Explanation:

Total utility is the sum of the satisfaction gained from all units consumed. Initial utility is from the first unit, while marginal utility is the addition from one more unit.