ther question will save this response uestion 1 Total utilit

ther question will save this response uestion 1 Total utility is determined by summing marginal utilities of all units consumed O multiplying marginal uility of last unit consumed by product pri multiplying marginal utility of last unit onsumad by oa sd O multiplying marginal utility of first unit consumed by toal sunber of ? Moving toanother question will save this response. xam 2 Image File....docx

Solution

Answer - summing up marginal utility of all units consumed.

Reason - marginal utility is the utility derived from consuming every additional unit of a product. Marginal utility Is highest on first unit and it keeps on decreasing thereafter with every further unit consumed. Marginal utility shows utility derived from each of the units consumed. So adding up the marginal utility derived from all the units consumed we get the total utility.