________ utility is the additional satisfaction gained by consuming ________ of a good.
A) Marginal; all units
B) Total; one more unit
C) Total; no more units
D) Marginal; one more unit

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional satisfaction or utility that a consumer receives from consuming one more unit of a good or service.

________ Utility Is the Additional Satisfaction Gained by Consuming ________

Utility Is the Additional Satisfaction Gained by Consuming