Multiple Choice
Total utility is determined by:
A) multiplying the quantity purchased by the price of the good.
B) finding the additional utility gained from consuming one more unit of product.
C) summing the marginal utilities for each successive unit of product consumed.
D) summing the number of units of a good consumed.
E) dividing the marginal utility derived from consuming a good by its price.
Correct Answer:

Verified
Correct Answer:
Verified
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