Marginal utility is the ________ satisfaction gained by consuming ________ of a good.
A) total; all units
B) total; one more unit
C) additional; all units
D) additional; 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.

Marginal Utility Is the ________ Satisfaction Gained by Consuming ________

Marginal Utility Is the Satisfaction Gained by Consuming