The Key Difference Between Marginal Utility and Total Utility

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Feature Marginal Utility Total Utility
Definition The additional satisfaction or benefit gained from consuming one more unit of a good or service. The overall satisfaction or benefit obtained from consuming a certain quantity of a good or service.
Measurement Change in total utility resulting from a one-unit increase in consumption. Sum of utility derived from all units consumed.
Nature Incremental and specific to the next unit consumed. Cumulative and represents total satisfaction.
Behavior Over Time Typically decreases as more units are consumed (law of diminishing marginal utility). Generally increases as consumption increases but at a decreasing rate.
Purpose in Economics Helps explain consumer choice and demand behavior. Indicates the total satisfaction level of the consumer.
Graphical Representation Slopes downward, showing decline in additional satisfaction per unit. Slopes upward but flattens as consumption increases.
Example The pleasure gained from eating the 3rd slice of pizza after already eating 2 slices. The total pleasure from eating all 3 slices of pizza.
Relation to Consumer Decisions Used to decide whether to consume additional units. Reflects overall happiness from total consumption.
Marginal Utility vs Total Utility
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