Is marginal utility and initial utility …

Is marginal utility and initial utility same or differ
  • 4 answers

Jyoti Thapliyal 1 month ago

Thanks 😊

Yadav Brand 02 1 month ago

Marginal utility differ from initial utility. The initial utility is the very first satisfaction while the marginal utility is the satisfaction gained by the consumption of additional unit. Marginal utility is less than the initial utility and it goes on decreasing with every subsequent unit.

Jyoti Thapliyal 1 month ago

Can u pls explain me in detail

Ankit Tripathi 1 month ago

It's different

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