The difference between total utility and marginal utility is that: a. Both represent the satisfaction obtained from

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The difference between total utility and marginal utility is that:
a. Both represent the satisfaction obtained from most all goods and services.
b. Total utility is the satisfaction from consuming a good while marginal utility is the satisfaction from consuming services.
c. Total utility is the satisfaction from consuming one additional unit of a good while marginal utility is the complete satisfaction from consuming a good.
d. Total utility is the complete satisfaction from consuming a good while marginal 0) utility is the satisfaction from consuming one additional unit of a good.
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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