Harambaeee2531 Harambaeee2531

02-01-2023
Business

Answered

Total utility equals:
a. the marginal utility of the last unit divided by price.
b. the sum of the marginal utilities of each unit consumed.
c. the marginal utility of the last unit consumed multiplied by the total number of units consumed.
d. the area below the demand curve but above the market price.
e. the slope of the marginal utility curve

Answer :

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