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AP® Microeconomics

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Total Utility: Description

APMICR-WEEX1S

Which of the following correctly describes total utility?

A

Bob receives 25 utils from the 3 pieces of pizza that he eats for dinner.

B

Tom uses apples to make apple pie, apple fritters and applesauce.

C

Joe sells 20,000 bushels of corn for \$4 per bushel even though it only cost him \$3 per bushel to produce.

D

Lou can install 15 square feet of tile per hour.

E

Ted receives 5 utils from buying another pair of blue jeans.