Marginal Utility Is the Change in

question 177

Multiple Choice

Marginal utility is the change in

• A) total utility when an extra unit of output is produced.
• B) total utility when an extra unit of output is consumed.
• C) marginal utility when an extra unit of output is produced.
• D) average utility when an extra unit of output is consumed.

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Definitions:

Addresses

References or locations in computer memory that allow data to be uniquely identified and accessed.

Increment

Increment is an operation that increases the value of a variable by a fixed amount, usually by 1.

Decrement

An operation that decreases the value of a variable by a specific amount, commonly by one.

Initializing Pointers

The act of assigning a starting address to pointer variables so they point to the correct memory locations.