Marginal utility
A)is the usefulness a consumer derives from a certain good or service.
B)is the utility a consumer derives from a certain good or service.
C)increases as more of a good or service is consumed.
D)is the additional utility derived from consuming one more unit of a good or service.

Question

Quizplus · Accepted Answer

Marginal utility is the additional utility or satisfaction a consumer derives from consuming one more unit of a good or service. It is usually observed that the more a consumer consumes a particular good or service, the less additional satisfaction or utility they derive from each additional unit consumed.

Marginal Utility