If the marginal utility from consuming the ninth unit of a product is 3 and the total utility from all nine units is 115, then the total utility from consuming eight units must be Multiple Choice 112. 118. 38.

Respuesta :

The total utility from consuming eight units given the marginal utility and total utility of the ninth unit must be 112.

What is marginal and total utility?

Marginal utility is the additional utility derived from consuming one more unit of a good.  Total utility is the total satisfaction that is derived from the consumption of a good or service.

Total utility of consuming the 8th unit = total utility of consuming the ninth unit - marginal utility of the ninth unit

115 - 3 = 112

To learn more about total utility, please check: https://brainly.com/question/26481333