The Amount by Which Total Utility Rises When an Additional

question 30

Multiple Choice

The amount by which total utility rises when an additional unit of a good is consumed is called:

• A) average utility.
• B) the law of diminishing returns.
• C) incremental utility.
• D) marginal utility.

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Definitions:

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A long-lasting illness defined by an inability to control alcohol intake and a constant obsession with alcohol.

Sons of Alcoholics

Individuals who have at least one parent with alcoholism, potentially impacting their psychological and emotional development.

Stress Relief

Techniques or activities designed to reduce stress and its negative impacts on one’s physical and mental health.

Stress Reduction

Strategies or techniques used to decrease stress levels in individuals.