Marginal Utility Is _____

question 66

Multiple Choice

Marginal utility is _____.

• A)the amount that total utility changes when consumption increases by one unit
• B)the level of utility after all units have been consumed
• C)the level of total utility divided by the number of units consumed.
• D)the amount that total utility changes when consumption is at its maximum

---

Definitions:

Secondary Market

A marketplace where investors buy and sell securities they already own, which were previously issued in the primary market.

Common Shares

Common Shares represent ownership interests in a corporation, granting holders voting rights and a share in the company's profits through dividends and capital appreciation.

Broker

A person or entity that acts as an intermediary in financial transactions, connecting buyers and sellers for a commission.

Primary Market Transaction

Financial transactions that occur when securities are issued for the first time, such as an initial public offering (IPO).