English

How is marginal utility derived from total utility? - Economics

Advertisements
Advertisements

Question

How is marginal utility derived from total utility?

Very Short Answer
Advertisements

Solution

Marginal Utility is derived from Total Utility as 

MUnth = TUn - TUn - 1 

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis - TEST YOURSELF QUESTIONS [Page 49]

APPEARS IN

Frank Economics [English] Class 12 ISC
Chapter 3 Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
TEST YOURSELF QUESTIONS | Q 3. (ii) | Page 49
R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 4 Theory of Consumer's Behaviour : Cardinal Utility Analysis
EXAMINATION CORNER | Q B. 8. (ii) | Page 4.20
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×