The Marginal Utility for a Good Is Computed as

question 109

Multiple Choice

The marginal utility for a good is computed as

• A)Total utility divided by quantity.
• B)Quantity divided by total utility.
• C)The change in quantity divided by total utility.
• D)The change in total utility divided by the change in quantity.

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Definitions:

Fissures

Long, narrow openings or cracks in the Earth’s surface, often formed by the splitting apart of rocks or ground during processes like erosion or earthquakes.

Cones

Natural or man-made structures with a circular base that tapers to a point, commonly found in volcanology as volcanic cones.

Molten Rock

Rock that has been heated to a liquid state, also known as magma when below the Earth's surface and lava when it erupts onto the surface.

Billowing Clouds

Large masses of clouds that appear to be puffing upwards, often described in the context of smoke or volcanic ash clouds.