Microeconomics

Microeconomics

Microeconomics1) Provide an example of a decision or choice you made that involved utility maximizing behavior and choices using Total Utility in your example.
2) Provide another example from your own experiences when you focused on maximizing marginal utility. This relates to utility of consuming one additional unit of a good or service. (As noted by the author over time both marginal utility and total utility will decrease of diminish). Asking for only a paragraph or two.

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