Multiple Choice
Marginal utility is
A) the utility obtained from the consumption of all but the last unit of a good.
B) the relative value of two goods when a utility-maximizing decision has been made.
C) the change in utility that results from increasing the amount of a good consumed by one unit.
D) the change in the amount of a good consumed that increases total utility by one unit.
Correct Answer:

Verified
Correct Answer:
Verified
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