question 7\n0.5 pts\nthe theory of consumer choice assumes that consumers attempt to maximize\n the…

question 7\n0.5 pts\nthe theory of consumer choice assumes that consumers attempt to maximize\n the difference between total utility and marginal utility.\n total utility.\n marginal utility.\n average utility.

question 7\n0.5 pts\nthe theory of consumer choice assumes that consumers attempt to maximize\n the difference between total utility and marginal utility.\n total utility.\n marginal utility.\n average utility.

Answer

Brief Explanations:

The theory of consumer choice posits that consumers aim to get the highest - level of overall satisfaction from their consumption bundle. Total utility represents the overall satisfaction a consumer gets from consuming a quantity of goods and services. Marginal utility is the additional utility from consuming one more unit. Average utility is a per - unit measure. Consumers try to maximize total utility subject to their budget constraints.

Answer:

total utility.