A couple is considering what project they should do next to improve the value of their house. Based on the table above, which of the following projects should they pick? A. Modernize electrical outlets.
B. Enclose back porch
C. Landscape front yard
D. Replace carpet with hardwood floors.
E. Renovate kitchen

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.