Marginal utility can be thought of as
A) the incremental change in a person's total satisfaction level from the buying of a good.
B) the total change in satisfaction from buying a good.
C) the additional cost of that next good purchased.
D) the opportunity cost of buying the next good.

Question

Quizplus · Accepted Answer

Marginal utility measures the additional satisfaction gained from consuming one more unit of a good or service. It is the incremental change in a person's total satisfaction level from the buying of a good.

Marginal Utility Can Be Thought of as