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Marginal Utility Is Measured By

Question 183

Multiple Choice

Marginal utility is measured by:


A) a ray from the origin to a point on the total utility curve.
B) the change in total utility for a 1-unit change in the quantity consumed.
C) total utility divided by total quantity consumed.
D) the first utility minus the last utility.
E) average utility multiplied by the total quantity consumed.

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