alleryStart learning →Total utility is described as the total amount of:
ASatisfaction
BMoney spent
CTime used
DGoods sold
Answer & Solution
Correct answer: A. Satisfaction
1. Utility is a measure of how well off a consumer feels.
2. A utility table records consumption of a good such as T-shirts.
3. The total utility column shows the total amount of satisfaction.
4. That satisfaction comes from consuming that number of T-shirts.
_Source: OpenStax Principles of Microeconomics for AP Courses 2e (CC BY 4.0), Ch 6 'Consumer Choices'_
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