menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 20: Consumer Choice
  5. Question
    The Change in the Total Utility as a Result of Increasing
Solved

The Change in the Total Utility as a Result of Increasing

Question 241

Question 241

Multiple Choice

The change in the total utility as a result of increasing consumption by one unit is known as


A) marginal utility.
B) average utility.
C) proportional utility.
D) utils.

Correct Answer:

verifed

Verified

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

Related Questions

Q236: Newspaper vending machines are often built so

Q237: Suppose that the quantity of hamburgers is

Q238: Indifference curves<br>A) are vertical.<br>B) are horizontal.<br>C) slope

Q239: As more of a product is consumed,

Q240: Jill likes lobsters but she does NOT

Q242: Which of the following is FALSE about

Q243: The quantity of good Y is measured

Q244: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q245: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Using the above

Q246: The concept of marginality is important in

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines