Chapter 3 of 30
Formula Sheet
Utility Analysis — Formula Sheet
Telangana Open School (TOSS) · Class 12 · Economics
4 formulas from Utility Analysis (Telangana Open School (TOSS) Class 12 Economics) on one page, grouped by topic.
1 questions25 flashcards4 formulas & key relations5 concepts
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4 Entries · 3 Sections
Formulas and Key Relations
Law of Diminishing Marginal Utility
MU = ΔTU / ΔQ
MUn = TUₙ - TUₙ₋₁
Law of Equi-Marginal Utility
MUₓ/Pₓ = MUᵧ/Pᵧ = MUₘ
Key relations
That is, MU₁/P₁ = MU₂/P₂ = ... = MUₙ/Pₙ.
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View AllFrequently Asked Questions
What are the important topics in Utility Analysis for Telangana Open School (TOSS) Class 12 Economics?
Key topics in Utility Analysis include Meaning and Measurement of Utility, Types of Utility, Law of Diminishing Marginal Utility, Law of Equi-marginal Utility. Study these first, then practise questions on each for the Telangana Open School (TOSS) Class 12 board exam.
How many formulas are in Utility Analysis?
This sheet lists 4 formulas from Utility Analysis, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.
How should I revise Utility Analysis for the Telangana Open School (TOSS) Class 12 board exam?
Learn the core ideas first, then work through the 1 practice questions on Utility Analysis. Revise definitions regularly and use flashcards for quick recall before the exam.
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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