If a person wants to find the marginal utility that is gained from consuming four tacos instead of three tacos, the correct way to calculate it would be to measure the:
A) average of the utility from consuming three tacos and four tacos.
B) difference between the utility from consuming four tacos and the utility from consuming three tacos.
C) total utility from consuming three tacos.
D) total utility from consuming four tacos.

Question

Quizplus · Accepted Answer

Marginal utility is calculated by taking the difference in utility between consuming one additional unit of a good or service. In this case, it's the difference in utility between consuming four tacos and three tacos.

If a Person Wants to Find the Marginal Utility That