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24 July, 02:31

g One difference between total utility and marginal utility is that Select one: a. total utility is cumulative, and marginal utility is not. b. total utility measures happiness and marginal utility measures unhappiness c. total utility is objective, and marginal utility is not. d. total utility is more accurate than marginal utility.

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  1. 24 July, 04:34
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    The correct answer is A

    Explanation:

    Total utility is the aggregate or the total satisfaction received from pre - occupying or consuming a given aggregate or cumulative quantity of the service or good whereas the marginal utility is the utility where the satisfaction which is gained from consuming or acquiring the additional or extra quantity of a specific service or good.

    The difference is that the total utility is the cumulative whereas the marginal utility is an additional not cumulative.
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