The concepts of total utility and the marginal utility are the basic concepts used in the cardinal measurement of utility.
According to Prof. Meir, "Total utility is the amount of satisfaction derived from one unit of that commodity".
According to Prof. Boulding, "Marginal utility of any quantity of commodity is the increase in the total utility, which results from a unit increase in consumption".
Note: This is published for the internal use (of St. Philomena's College students) only and hence requires verification.
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