Answer:
Check the explanation
Step-by-step explanation:
Total utility is the overall satisfaction that a particular consumer received from consuming a given overall quantity of a good or service, To calculate the value of total utility economists utilize the following basic total utility formula: TU = U1 + MU2 + MU3
Kindly check the attached image below to see the step by step explanation to the question above.
After 1 hour he has driven 40 miles
Answer:
Money
Step-by-step explanation:
This is really dumb, but a person can be in debt by 20 cents and another person by 10 cent; therefore, the person who is in debt by 10 cent obviously has to pay less than the person with the 20-cent in debt. Given these facts, the person in debt with one cent has more money then the person in debt with 20 cents.