Add: -15 + (-4)

question 95

Multiple Choice

Add: -15 + (-4)

• A) -20
• B) 19
• C) -19
• D) 11
• E) -11

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Definitions:

Total Utility

The total satisfaction or benefit a consumer derives from consuming a particular quantity of goods or services.

Utility Schedule

A table showing the different levels of satisfaction or utility that a consumer derives from consuming different amounts of a good or service.

Worth

The value or importance of something, often measured in terms of money or utility.

Marginal Utility

The additional satisfaction or utility received by a consumer from consuming one more unit of a good or service.