Miriam's employer offers paid vacations, health insurance, and life insurance,
as well as a 401(k). currently, miriam is participating only in the health
insurance plan. the fact that she was able to pick an option according to her
preference means that her employer offers benefits as a part of
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a. a civil liberty
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b. a cafeteria plan
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c. a total compensation package
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d. an insurance package

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b. total utility represents the consumer optimum while marginal utility gives the total utility per dollar spent on the last unit. c. 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. d. marginal utility represents the consumer optimum while total utility gives the total utility per dollar spent on the last unit.