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Economists Use the Term "Marginal Utility" to Describe the

Question 106

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Economists use the term "marginal utility" to describe the


A) average utility of each unit of a good consumed.
B) change in total satisfaction caused by consumption of an additional unit of a good.
C) price paid for every unit consumed.
D) inverse of the measure of total utility.
E) total satisfaction received from consumption of a good.

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