In July 2024
Answer to Question #206804 in Microeconomics for Raees Ahmad
Define consumer behavior , utility ,MU ,TU and their relationship?
Utility or total utility (TU) refers to the amount of total satisfaction a person gets from consumption of a certain item. Marginal Utility (MU) refers to the extra utility a consumer gets from one additional unit of a specific product.
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#340153 on Dec 2023
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