By itself,the marginal utility of a particular good
A) Provides important information about a consumer's preferences
B) Tells us how much a consumer would pay for the good
C) Tells us how much the consumer values the good
D) Is completely meaningless

Question

Quizplus · Accepted Answer

The marginal utility of a good by itself does not provide meaningful information about consumer preferences, willingness to pay, or value without context or comparison to other goods and utilities.

By Itself,the Marginal Utility of a Particular Good