The benefit that John gets from eating an additional grape is called the ________ the grape.
A) net gain from
B) demand for
C) quantity demanded of
D) total utility from
E) marginal utility from

Question

Quizplus · Accepted Answer

The benefit John gets from eating an additional grape is known as the marginal utility from that grape. Marginal utility refers to the additional satisfaction or benefit received from consuming one more unit of a good or service.

The Benefit That John Gets from Eating an Additional Grape