Multiple Choice
Marginal utility is the
A) Change in total utility obtained by spending one extra dollar on a good or service.
B) Change in total utility obtained by consuming one extra unit of a good or service.
C) Change in total utility obtained by selling one extra unit of a good or service.
D) Utility received from consuming the optimal combination of goods and services.
Correct Answer:
Verified
Correct Answer:
Verified
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