Examlex
Jonah loves learning new languages. In high-school, he learned French and in college, he learned Italian. Sometimes, when he is trying to remember Italian words, French words come to mind instead. This is an example of _____.
Marginal Utility
The additional satisfaction or utility gained by consuming one more unit of a good or service.
Total Utility
The total amount of satisfaction derived from the consumption of a single product or a combination of products.
Marginal Utility
The additional satisfaction or utility received by consuming one more unit of a good or service.
Total Utility
The total satisfaction received from consuming a given total quantity of a good or service.
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