Multiple Choice
Use the following for questions 23-27.
Exhibit: Total Utility and Marginal Utility from Consumption of Good A
-(Exhibit: Total Utility and Marginal Utility from Consumption of Good A. Marginal utility of good A is found by:
A) dividing total utility by the number of units consumed of good A.
B) dividing the change in the number of units of A by the change in total utility of A.
C) computing the change in total utility of A resulting from the consumption of one more unit of A.
D) doing none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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