Total utility is defined as the:
a. change in marginal utility a person derives from th...
Business, 31.03.2020 15:17 mimithurmond03
Total utility is defined as the:
a. change in marginal utility a person derives from the consumption of a good.
b. change in total utility a person derives from the consumption of a good divided by the price of that good.
c. change in total utility a person derives from the consumption of a good divided by the change in the consumption of that good.
d. sum of the amounts of satisfaction a person receives from consuming a good. change in total utility a person derives from the consumption of a good.
Answers: 1
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