Solved

Marginal Utility Is Defined as the

Question 46

Multiple Choice

Marginal utility is defined as the


A) extra utility gained by consuming an extra unit of a good.
B) total utility from all units consumed of a good.
C) average utility gained by consuming an average amount of the good.
D) total utility gained by consuming an extra unit of a good.
E) change in quantity divided by the change in utility.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions