Jan 30, 2024 · MU n = Marginal utility from n units of a given commodity. TU n = Total utility from n units of a given commodity. TU n-1 = Total utility from n-1 units n = Number of units consumed. One more way to calculate MU MU is the change in TU caused by the consumption of one extra unit. MU can also be calculated when the change in units consumed is ...

Total Utility (TU) refers to the aggregate of utility derived by the consumer from all units of a commodity consumed. Marginal Utility (MU) is the additional utility derived by the consumer on consumption of an additional unit of the commodity.

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Total Utility (TU) Total satisfaction gained by the consumer from the consumption of all the available units of the commodity is known as total utility. It is the sum of all the marginal utilities associated with each unit of consumption.

Total utility (TU) is the whole amount of fulfillment that a consumer derives from the consumption or purchase of multiple units of a particular commodity, within his/her fixed income level and budget.

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Obsolete spelling of tún (“night”).

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