Download App

Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour1 Mark
Question
Define total utility.
✓

Answer

Total utility is the sum of all the utilities derived from consumption of all the units of a particular commodity.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

Give meaning of ‘returns to a factor.'
→
Define Marginal Costa.
→
Define stocks.
→
In which market form, are there no close substitutes of the product?###In which market form, there is a single seller of a product?
→
Why does consumption curve not start from the origin?
→
If you are the Finance minister of India and want to set up the budget, which budget would you like to set in case of deficient demand?
→
When will GDP of an economy be equal to GNP?
→
What is meant by change in quantity supplied?
→
What one step can be taken through market to reduce the consumption of a product harmful for health?
→
Define high-powered money.
→