Total utility is
A) the total amount of satisfaction yielded by the consumption of a good or service.
B) the additional satisfaction gained by consuming one more unit of something.
C) used to compare different people's likes and dislikes.
D) relatively easy to measure.

Question

Quizplus · Accepted Answer

Total utility refers to the total amount of satisfaction or pleasure a person derives from consuming a certain amount or quantity of goods or services.

Total Utility Is