The Additional Satisfaction Gained from Consuming One More Unit of a Product

question 153

Multiple Choice

The additional satisfaction gained from consuming one more unit of a product or service is

• A)marginal utility.
• B)total utility.
• C)the same for every person.
• D)average utility.
• E)not measurable.

---

Definitions:

Leading Cause

refers to the primary factor or condition that results in a particular outcome or effect, often used in contexts like disease or death.

Death

The end of all vital functions necessary to keep an organism alive.

Haiti

A Caribbean country that shares the island of Hispaniola with the Dominican Republic, known for its vibrant culture and history, including being the first post-colonial independent black-led nation in the world.

Income Inequality

The unequal distribution of income and wealth across the population, leading to social and economic disparities.