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    • Question : What formula is used to calculate marginal utility? Option 1: MU/Q Option 2: TU/Q Option 3: Q/MU Option 4: Q/TU
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    Question : What formula is used to calculate marginal utility?

    Option 1: MU/Q

    Option 2: TU/Q

    Option 3: Q/MU

    Option 4: Q/TU

    Team Careers360 6th Jan, 2024
    Answer
    Answer (1)
    Team Careers360 12th Jan, 2024

    Correct Answer: TU/Q


    Solution : The formula for marginal utility = change in total utility divided by the change in total units consumed.
    The formula for marginal utility = ?TU/?Q

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