The satisfaction received from consuming a specified number of units of a good, service, or activity is:
A) net utility.
B) end utility.
C) total utility.
D) marginal utility.
Correct Answer:
Verified
Q6: Opportunity costs:
A) are incurred in every activity
Q7: The marginal utility from consuming a good,
Q8: The change in total satisfaction from consuming
Q9: Marginal utility is the:
A) satisfaction from the
Q10: Total utility is the:
A) satisfaction from each
Q12: The table below shows the total utility
Q13: The table below shows the marginal utilities
Q14: The total utility from consuming different amounts
Q15: The total utility from consuming different amounts
Q16: The total utility from consuming different amounts
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