Economics · Economics
Which of the following is the correct formula to calculate Marginal Utility (MU)?
- 1MU = TUₙ + TUₙ₋₁
- 2MU = TUₙ - TUₙ₋₁✓
- 3MU = TUₙ * TUₙ₋₁
- 4MU = TUₙ / TUₙ₋₁
Correct answer
MU = TUₙ - TUₙ₋₁
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