To Calculate Marginal Utility, Divide the Change in Total Utility

question 153

Multiple Choice

To calculate marginal utility, divide the change in total utility by

• A) the number of units consumed.
• B) the price of the product.
• C) the change in the number of units consumed.
• D) the consumer's subjective level of preference.

---

Definitions:

Landfills

Sites designated for the disposal of waste materials by burial and covered with soil, serving as the final destination of most municipal solid waste.

Kilowatt-Hours

A unit of energy equivalent to one kilowatt of power expended for one hour, used to measure electricity consumption.

Absolute Measurement

Refers to a measurement based on a fixed standard without any error or variation, providing an exact quantification.

Energy And Water

Essential resources for business operations, often targeted for conservation efforts to reduce costs and support sustainability.