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    moii's Avatar
    moii Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 21, 2009, 09:57 AM
    What is the meaning of total utility?
    What is the meaning of total utility?
    Wuerschti's Avatar
    Wuerschti Posts: 30, Reputation: 1
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    #2

    Mar 18, 2009, 04:23 PM

    The total benefits derived from consuming a product.

    So if you buy a bike it could be... happiness, better health, faster travel times etc

    not just monitary value
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