Marginal utility is defined as the a. average amount of ...

[dollx]

Marginal utility is defined as the
 a. average amount of satisfaction gained from consuming a product
  b. total amount of satisfaction gained from consuming a product
  c. additional satisfaction gained from consuming one more unit of a product
  d. total amount of satisfaction gained from consuming a product divided by the number of units consumed
  e. total amount of satisfaction gained from consuming a product times the number of units consumed

Question 2

Total utility can be calculated as the
 a. sum of all marginal utilities
  b. price paid for one unit of a good
  c. product of all marginal utilities
  d. total expenditure on all units of a good the consumer buys
  e. difference between the marginal utilities of the first and last units of a good

[cascooper22]

Answer to Question 1

C

Answer to Question 2

A

[dollx]

Thanks for the timely response, appreciate it

[vickybb89]

TYSM