If crystal gets 140 utils from eating one yogurt, 145 utils from eating two yogurts, and 148 utils from eating three yogurts, then crystal's total utility is?

Respuesta :

If crystal gets 140 utils from eating one yogurt, 145 utils from eating two yogurts, and 148 utils from eating three yogurts, then crystal's total utility is increased.

What do you mean by total and marginal utility?

Marginal utility is the level of satisfaction an individual has after eating an additional unit of a product or service, as opposed to total utility, which measures the overall satisfaction an individual experiences after consuming a certain amount of a good or service. Total utility is the overall satisfaction a commodity provides across all of its available units. It gauges the overall satisfaction experienced after consuming all of a commodity's units. In economics, marginal utility refers to the additional pleasure or benefit (utility) a buyer receives by purchasing an additional unit of a good or service. Total Utility refers to the overall benefits a person receives from using goods and services.

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