A. subtract MU from TU
B. Add MU from the various levels
C. multiply MU by the initial TU
D. Divide current MU by previous MU
Correct Answer: Option B
B. Add MU from the various levels
Explanation
“Marginal utility is an addition made to total utility by consuming one more unit of a commodity”.
Total Utility is Summation of Marginal Utilities: in order to get the total utility, you will have to sum up the additional/extra utility (MU) from the given levels of consumption
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