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Marginal Utility Is the Change in Total Utility That Results

Question 285

Multiple Choice

Marginal utility is the change in total utility that results from


A) an increase in the price of the good.
B) a change in the budget line.
C) a one-unit change in the quantity of a good consumed.
D) a decrease in the price of the good.
E) an increase in the consumer's income.

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