Answer:
Total utility is the total amount of satisfaction derived from consuming a certain amount of a good while marginal utility is the additional satisfaction gained from consuming an additional unit of the good.
Explanation:
As consumption increases, total utility increases but marginal utility would begin to diminish after a certain point is reached as a result of diminishing marginal utility.
The Law Of Diminishing Marginal Utility states that all else equal as consumption increases the marginal utility derived from each additional unit falls.
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The four categories of factors of production are land, labor, capital and entrepreneurship. So, things that fall into these four categories that involve the production of pasta include the factory, the skills of the workers, the machines used to produce it, the ingredients used to produce it and the entrepreneurship and investment of the business owner.
Answer: the answer is d: decrease;left
Explanation:
