Scenario 5.1 The Demand for Noodles Is Given by the Following Equation

Multiple Choice

Scenario 5.1
The demand for noodles is given by the following equation: Q = 20 - 4P + 0.2I - 2P_x. Assume that P = $8, I = 200, and P_x = $10.
-_____ is the change in total utility that occurs because one more unit of a good is consumed or acquired.

A) Total utility
B) Marginal utility
C) Disutility
D) Diminishing marginal utility
E) Expected utility