Question

Formula For Calculation Of Total Utility Is________.

Answer 1

Total utility refers to the summation of all additional or marginal utility derived from every extra unit of consumption.

Therefore, the total utility can be calculated by the formula:

$TU=\sum _{}MU$

(OR)

$TU=M{U}_1+M{U}_2+M{U}_3+........+M{U}_n$

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