Marginal Utility Is

question 68

Multiple Choice

Marginal utility is

• A)the change in total utility divided by the price of the last unit of a good or service consumed.
• B)the change in total utility a person receives from consuming an additional unit of a good or service.
• C)the utility from consuming a given quantity of a good or service.
• D)the decrease in total utility from consuming more and more units of a good or service.

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Definitions:

Written Communication

The process of conveying messages or information through the written word, such as letters, emails, or reports.

Tone Of Voice

The quality, pitch, and intonation of speech that can affect the meaning or emotional response to a message.

Communication Forms

The various methods and styles used to convey information or express thoughts between individuals or groups.

Genres

Categories of artistic, musical, or literary composition characterized by a particular style, form, or content.