The Difference Between Total Utility and Marginal Utility Is That

question 87

Multiple Choice

The difference between total utility and marginal utility is that:

• A) Total utility is the satisfaction from consuming one additional unit of a good while marginal utility is the complete satisfaction from consuming a good.
• B) Total utility is the complete satisfaction from consuming a good while marginal utility is the satisfaction from consuming one additional unit of a good.
• C) Both represent the satisfaction obtained from most all goods and services.
• D) Total utility is the satisfaction from consuming a good while marginal utility is the satisfaction from consuming services.

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Definitions:

Androgynous

Exhibiting both traditional masculine and feminine psychological characteristics.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.

Sexual Identity

An individual's personal sense of their own sexuality, which may encompass their sexual orientation, preferences, and gender identification.

Expressiveness

The ability or tendency to openly and effectively communicate emotions, thoughts, or ideas.