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How Do You Calculate The Equation For Marginal Utility And Illustate It Graphically?

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How Do You Calculate The Equation For Marginal Utility And Illustate It Graphically?

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Marginal utility is the increase or decrease in a consumers utility (satisfaction), on consuming an extra unit of good. Its formula is the change in total utility over the change in the quantity consumed. If the total utility is given we can take its derivative to find marginal utility as well. For detail on the topic and a more complicated formula, visit the link below.

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