Using calculus, we measure marginal utility as the utility change that results from:

Question

Quizplus · Accepted Answer

Marginal utility is defined as the additional utility (satisfaction) obtained from consuming one additional unit of a good. Calculus helps us to measure marginal utility by taking the derivative of the utility function with respect to the quantity of the good consumed. This derivative gives us the instantaneous rate of change in utility, which is most accurate for very small changes in consumption. Therefore, the best choice is A: a very small increase in consumption.

Using Calculus, We Measure Marginal Utility as the Utility Change