Multiple Choice
Marginal utility is the change in:
A) total utility when an extra unit of output is produced.
B) marginal utility when an extra unit of output is consumed.
C) total utility when an extra unit of output is consumed.
D) marginal utility when an extra unit of output is produced.
E) average utility when an extra unit of output is consumed.
Correct Answer:
Verified
Correct Answer:
Verified
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