Total utility is measured by a mythical unit called the:
A) bliss unit.
B) useful unit.
C) pleasure unit.
D) util.

Question

Quizplus · Accepted Answer

Total utility is measured by the util, a theoretical unit of measurement that represents the amount of utility or satisfaction a consumer derives from consuming a certain amount of goods or services. The other choices are incorrect as they do not represent the actual unit of measurement used for total utility.

Total Utility Is Measured by a Mythical Unit Called The