The entire satisfaction that a consumer derived from a successive consumption of a particular commodity is known as?

by | May 28 | Economics WAEC | 0 comments

A. marginal utility
B. total utility
C. average utility
D. diminishing utility

Correct Answer: Option B

B. total utility

Users Also Read These:

Copyright warnings! Do not copy.

 

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.