What is the mathematical formula for marginal utility. The marginal utility curve begins in the positive range of values eventually intersects the horizontal axis then enters the negative range. Explain why each unit of something that you consumed gives you less utility than the one before it.
Describe the shape of marginal utility MU curve.
Marginal Utility Formula The following formula is used to calculate the marginal utility of a good or service. The formula appears as follows. As the individual moves downward in an indifference curve the XY TMS decreases. Frac Delta U Delta gright_ cp exists and use marginal utility to refer to the partial derivative.