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question 71

Multiple Choice

Solve.
-Solve. -  A)    B)    C)    D)


Definitions:

Marginal Utility

The boost in satisfaction or utility a person enjoys from consuming another unit of a good or service.

Total Utility

The overall satisfaction or benefit a consumer derives from consuming a certain quantity of a good or service.

Scented Candles

Candles infused with fragrant oils that release a pleasant aroma when burned, often used for relaxation, ambiance, or aromatherapy.

Marginal Utility

The increased contentment or advantage obtained by the consumption of an extra unit of a good or service.

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