The aggregate utility obtained from the consumption of a specific unit of a commodity is called ______.

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KollegeApply · Accepted Answer

The aggregate utility obtained from the consumption of a specific unit of a commodity is called Total utility. Explanation: Total Utility is the aggregate utility derived from the use of a single unit of a commodity. It denotes the complete satisfaction gained by consuming all feasible units of a good. TU = ΣMU

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