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8 March, 22:35

One difference between total utility and marginal utility is that

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  1. 8 March, 23:29
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    Marginal utility is the additional satisfaction received from consuming one more unit of a product. Totalutility is the overall or total satisfaction received from consuming some particular amount of the product. Total utility can be determined by summing the marginal utility for each unit of a product that is consumed
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