# Rev 04092018 marginal utility is the sum of total

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rev: 04_09_2018 Marginal utility is the sum of total utility. Total utility is the sum of marginal utilities. Total utility is the product of multiplying price times marginal utility. Total utility is the change in marginal utility as quantity consumed increases.
References References Multiple Choice Multiple Choice Learning Objective: Define utility and marginal utility. Diﬃculty: 1 Easy Diﬃculty: 1 Easy Section: Consumer Choice Which of the following defines marginal utility? rev: 04_09_2018
References References Multiple Choice Multiple Choice Learning Objective: Define utility and marginal utility. Diﬃculty: 1 Easy Diﬃculty: 1 Easy Section: Consumer Choice Which of the following statements is correct? rev: 04_09_2018