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    Exam 7: Consumer Choice: Maximizing Utility and Behavioral Economics
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    Total Utility
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Total Utility

Question 115

Question 115

Multiple Choice

Total utility


A) is the total amount of satisfaction derived from consuming a particular quantity of a good.
B) remains constant as the number of units consumed increases.
C) is the change in satisfaction derived from consuming each extra unit of a good.
D) declines as the number of units consumed increases.

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