Mind map for esaay Wich is experience has taught me that look can be deceiving​

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?

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.