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Economists Use the Term "Marginal Utility" to Describe the

Question 10

Multiple Choice

Economists use the term "marginal utility" to describe the


A) change in total satisfaction caused by consumption of an additional unit of a good.
B) average utility of each unit of a good consumed.
C) inverse of the measure of total utility.
D) total satisfaction received from consumption of a good.
E) price paid for every unit consumed.

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