Utility Analysis
Telangana Open School (TOSS) · Class 12 · Economics
All formulas from Utility Analysis in Telangana Open School (TOSS) Class 12 Economics. Key equations, constants, and identities for board exam preparation.
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Formulas
Law of Diminishing Marginal Utility
MU = ΔTU / ΔQ
MUn = TUₙ - TUₙ₋₁
Law of Equi-Marginal Utility
MUₓ/Pₓ = MUᵧ/Pᵧ = MUₘ
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