Marginal utility is _____.
A)the amount that total utility changes when consumption increases by one unit
B)the level of utility after all units have been consumed
C)the level of total utility divided by the number of units consumed.
D)the amount that total utility changes when consumption is at its maximum

Question

Quizplus · Accepted Answer

Marginal utility is the additional satisfaction or utility that a consumer obtains from consuming an additional unit of a good or service. It is the amount that total utility changes when consumption increases by one unit.

Marginal Utility Is _____