Solved

Marginal Utility Is Defined as the

Question 27

Multiple Choice

Marginal utility is defined as the


A) additional utility gained by consuming an extra unit of a good.
B) total utility from all units consumed of a good.
C) total utility from all units consumed divided by the number of units consumed.
D) additional utility gained divided by the price of the good.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions