The rate of change in total utility equals
A) marginal utility.
B) the change in marginal utility associated with eating all the quantities a person can handle.
C) the change in marginal utility divided by the change in quantity.
D) the rate of change in marginal utility divided by the price.

Question

Quizplus · Accepted Answer

Marginal utility represents the change in total utility that results from consuming one additional unit of a good or service, thus directly correlating with the rate of change in total utility.

The Rate of Change in Total Utility Equals