Total utility is determined

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Total utility is determined by: a. finding the additional utility gained from consuming one more unit of a product. b. dividing the marginal utility derived from consuming a good by its price. c. multiplying the quantity purchased of a good by the price of the good. d. summing the number of units of a good consumed. e. summing the marginal utilities for each successive units of a product consumed.

Reference no: EM131169375

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