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Marginal Utility Is Defined as the

Question 99

Multiple Choice

Marginal utility is defined as the


A) change in marginal utility a person derives from the consumption of a good.
B) change in total utility a person derives from the consumption of a good divided by the price of that good.
C) change in total utility a person derives from the consumption of a good divided by the change in the quantity of the good consumed.
D) sum of the amounts of satisfaction a person receives from consuming a good.
E) change in total utility a person derives from the consumption of a good divided by the value in use of that good.

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