Marginal Utility Calculator Tool

Marginal Utility Calculator

Marginal Utility Calculator

Parameter Description Example Value
Total Utility (Before) The total satisfaction or benefit received from consuming a certain number of units before the additional unit. 50 utils
Total Utility (After) The total satisfaction or benefit received from consuming one more unit. 60 utils
Change in Quantity The increase in the quantity of the good consumed. 1 unit
Marginal Utility The additional satisfaction or benefit received from consuming one more unit (Total Utility After – Total Utility Before) / Change in Quantity. 10 utils

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