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Marginal Utility Is the

Question 19

Multiple Choice

Marginal utility is the


A) total satisfaction that a person gets from the consumption of all of the units of a good consumed.
B) change in satisfaction that results from a one-unit increase in the quantity of a good consumed.
C) maximum price that a consumer is willing to pay for an additional unit of a good.
D) additional cost to a consumer when an additional unit of a good is consumed.

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