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.

---

Definitions:

Sexual Harassment

Unwanted or inappropriate comments, advances, or any form of conduct of a sexual nature that creates an uncomfortable or hostile environment for the recipient.

Internal Grievance Procedures

The formal process within an organization for addressing complaints or disputes from its employees.

Quid Pro Quo

A Latin term for a mutual agreement where something is given in exchange for something else, often used in legal and contractual contexts.

Sexual Harassment

Unwanted or inappropriate sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature in the workplace.