Multiple Choice
Total utility equals
A) the sum of the marginal utilities of each unit consumed.
B) the area below the demand curve but above the market price.
C) the slope of the marginal utility curve.
D) the marginal utility of the last unit divided by price.
E) the marginal utility of the last unit consumed multiplied by the total number of units consumed.
Correct Answer:
Verified
Correct Answer:
Verified
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