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Marginal Utility
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0:41
YouTube
VedSquare
Marginal Utility Explained | 12th Economics
Ever wondered how to calculate the marginal utility of the nth unit? This short video breaks down the concept using a simple equation: $MU_n = TU_n - TU_n-1$. Perfect for 12th-grade Economics students studying Utility Analysis. Understand the change in total satisfaction from consuming one more unit with our easy-to-follow explanation ...
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