Economics A-Level
Total utility
What Total utility means in Economics A-Level, as defined for AQA.
Definition of Total utility
Check what you remember
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Reference: AQA
The aggregate satisfaction from consuming a specific quantity of a good.
Topics that use Total utility
- Consumer behaviour (AQA A-Level)
Related terms
- Decision making
- Economic incentives
- Hypothesis of diminishing marginal utility
- Rational decision making
- Rationality
- Utility maximisation
- Law of diminishing marginal utility
- Marginal utility
Using Total utility in the exam
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