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Marginal Utility Is Defined as the

Question 31

Multiple Choice

Marginal utility is defined as the


A) extra utility gained by consuming an extra unit of a good.
B) total utility from all units consumed of a good.
C) average utility gained by consuming an average amount of the good.
D) total utility gained by consuming an extra unit of a good.
E) change in quantity divided by the change in utility.

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