Lightning semiconductors produces 300 comma 000 himinustech computer chips per month. each chip uses a component that lightning makes inminushouse. the variable costs to make the component are $ 1.30 per unit, and the fixed costs are $ 1 comma 300 comma 000 per month. the company has been approached by a foreign producer who can supply the component, within acceptable quality standards, for $ 1.00 each. the fixed costs are unavoidable, and lightning would have no other use for the facilities currently employed in making the component. what would be the effect on operating income if the company decides to outsource

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.