Solved

The Marginal Utility Associated with the Additional Consumption of X

Question 114

Multiple Choice

The marginal utility associated with the additional consumption of X is given by:


A) the second derivative of the utility function with respect to good X.
B) equal to total utility.
C) the partial derivative of the utility function with respect to good X.
D) the Lagrangian multiplier.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents