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:

Perceptual Abilities

The capacity to interpret and make sense of sensory information from the environment, enabling organisms to perceive and navigate their surroundings effectively.

Ligaments

Tough, fibrous connective tissues that connect bones to other bones, providing joint stability.

Fibrous Bands

Connective tissue structures composed of collagen that commonly link or support organs, often involved in scarring or adhesions.

Range-of-Joint Movement

The full motion range or flexibility of a joint, from fully bent to fully extended.