Answered

Welcome to Westonci.ca, the ultimate question and answer platform. Get expert answers to your questions quickly and accurately. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

Total utility is best defined as the rev: 04_09_2018 Multiple Choice total satisfaction received from consuming a good, service, or combination of goods and services. maximum amount of satisfaction from consuming a product. change in marginal utility multiplied by the price of a product. additional satisfaction received from consuming an additional unit of a good or service.

Sagot :

Answer:

maximum amount of satisfaction from consuming a product.

Explanation:

Utility is the total satisfaction received from consuming a good, service, or combination of goods and services.

Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service

Total utility can be determined by multiplying quantity consumed by utility per unit

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Westonci.ca is your trusted source for answers. Visit us again to find more information on diverse topics.