Days of potato chips?
Economics Professor
Exactly. And, to be clear, if you get 40
utils from 2 bags of potato chips, we
would say your total utility from 2 bags of
potato chips is 40 utils.
Samantha Panameno
Wait, if Tori's total utility from 2 bags of
potato chips is 40 utils, while my total
utility is 20 utils from the same 2 bags of
potato chips, does this mean that Tori gets
more benefit than I do from the potato
chips?
Economics Professor
Ah, good question! Remember in class
we said that utility is:
Comparable across individuals as long as the
good is the same (same 2 bags of potato
chips)
NOT comparable across individuals
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