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    Economics Principles and Policy Study Set 2
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    Exam 5: Consumer Choice: Individual and Market Demand
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    Total Utility Can Be Thought of as the
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Total Utility Can Be Thought of as the

Question 61

Question 61

Multiple Choice

Total utility can be thought of as the


A) total satisfaction derived from a bundle of goods.
B) minimum amount of money a consumer is willing to spend on a bundle of goods.
C) additional satisfaction a consumer receives from the marginal unit of a good.
D) willingness to pay for the marginal unit of a good.

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