Which of the Following Is True

question 135

Multiple Choice

Which of the following is true?

• A) Total utility is the aggregate level of satisfaction that results from consumption of a given number of goods and services.
• B) Marginal utility is the additional satisfaction generated by the last unit of a good that is consumed.
• C) Total utility equals marginal utility of the last unit times the number of units consumed.
• D) Both a. and b. are true.

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Definitions:

Graduate Program

Advanced academic programs beyond the undergraduate level, leading to a master's or doctorate degree.

Genuine

Authentic and sincere in expression, behavior, or character, free from pretense or deceit.

Nondirective

A type of therapy or counseling in which the therapist provides minimal guidance, allowing the client to direct the conversation.

Physical Appearance

The outward look or aspects of an individual or object, often the first noticeable thing in social interactions.