menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 12: Consumer Choice and Demand
  5. Question
    -Marginal Utility Is the
Solved

-Marginal Utility Is the

Question 1

Question 1

Multiple Choice

  -Marginal utility is the A)  average utility per unit consumed. B)  quantity of a good a consumer prefers. C)  change in total utility that results from a one-unit increase in the quantity of a good consumed. D)  total benefit from the consumption of a good or service. E)  change in total utility that results from a one dollar increase in the price of a good consumed.
-Marginal utility is the


A) average utility per unit consumed.
B) quantity of a good a consumer prefers.
C) change in total utility that results from a one-unit increase in the quantity of a good consumed.
D) total benefit from the consumption of a good or service.
E) change in total utility that results from a one dollar increase in the price of a good consumed.

Correct Answer:

verifed

Verified

Related Questions

Q3: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -If a budget

Q4: For Jack, the total utility from three

Q5: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above table

Q6: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The table above

Q7: Which of the following statements is correct?<br>A)

Q8: If the price of the good measured

Q9: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -Moving downward along

Q10: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above

Q11: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The table above

Q283: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -Which of the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines