Total Utility Is

question 90

Multiple Choice

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.

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Definitions:

Cognition

The endeavor of acquiring knowledge and apprehension through intellectual activities, experiences, and the perception of senses.

States Of Consciousness

Different levels of awareness of one's environment and self, ranging from fully alert and aware to various stages of sleep and altered states.

Consciousness

Awareness of one's own existence, sensations, thoughts, surroundings, and experiences.

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and surroundings.