The marginal utility derived from viewing the next movie DVD is the
A) average utility per minute of viewing.
B) additional utility from viewing the DVD.
C) average utility per hour of viewing.
D) additional utility from viewing the first minute of the DVD.

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional satisfaction or usefulness that a consumer derives from consuming one additional unit of a good or service. In this case, the marginal utility derived from viewing the next movie DVD refers to the additional satisfaction that a consumer obtains from watching one more DVD, compared to the previous DVD they watched. Therefore, the correct answer is B, which is the additional utility from viewing the DVD.

The Marginal Utility Derived from Viewing the Next Movie DVD