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How is total utility derived from marginal utility?

Very Short Answer

Total Utility is derived from marginal Utility as

TU_n= MU₁ + MU₂ + ... MU_nth

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Chapter 3: Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis - TEST YOURSELF QUESTIONS [Page 49]

Chapter 3 Theory of Consumer Behaviour: Marginal Utility and Indifference Curve Analysis
TEST YOURSELF QUESTIONS | Q 4. | Page 49

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