Marginal Utility Is

question 44

Multiple Choice

Marginal utility is

• A)the utility obtained from the consumption of all but the last unit of a good.
• B)the relative value of two goods when a utility-maximizing decision has been made.
• C)the change in utility that results from increasing the amount of a good consumed by one unit.
• D)the change in the amount of a good consumed that increases total utility by one unit.

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Definitions:

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