Respuesta :
The utility received from a specific good, service, or activity relies on the preferences and tastes of the individual. The preferences are assumed by economists.
What is consumption?
The sum of the utils gained from each unit of consumption is the total utility. Each unit of consumption in the equation should have a little decreased utility as more units are eaten. Marginal utility is specifically the utility that consumers obtain from the use of additional units of goods and services. In other words. it is the difference or change in satisfaction with an extra unit of consumption.
Utility theory in economics aims to explain how different consumers behave in an economy. According to the utility hypothesis, each individual may order a list of possibilities in a specific order if they are presented with it.
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