The difference between total utility and marginal utility is that: a. Both represent the satisfaction obtained from
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: