During the year, Irv had the following transactions: 
Definitions:
Negative
Refers to a detrimental or adverse condition, effect, or impact.
Marginal Utility
The change in satisfaction or utility that a person receives from consuming one additional unit of a good or service.
Total Utility
The total satisfaction or value a consumer receives from consuming a particular quantity of goods or services.
Additional Unit
Refers to the next unit of production or consumption, often analyzed in terms of its cost or benefit.
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