The total utility received from consuming 2 cans is 180
Generally, Utility is a concept in economics that refers to the pleasure or advantage that one receives as a result of consuming a thing.
The amount of pleasure or satisfaction that is received by purchasers of a product or service as a direct consequence of an increase or reduction in the quantity consumed by one unit is referred to as the marginal utility of the item. There are three distinct categories for marginal usefulness.
The concept of marginal utility refers to the extra benefit that a user is expected to get from the use of an additional quantity of a given commodity.
The best way to calculate the total utility is, to sum up the marginal utilities one at a time.
For illustration's sake, let's say that in this scenario, the first can is providing a marginal value of 100, while the second can is providing a marginal utility of 80.
In conclusion, the total utility of the first two cans is
TU= 100 + 80
TU = 180
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