Marginal utility is
A)always greater than total utility.
B)utility that is not as good as normal utility.
C)not related to total utility.
D)always positive.
E)the extra utility derived from consuming one additional unit of a good or service.

Question

Quizplus · Accepted Answer

Marginal utility refers to the additional utility or satisfaction derived from consuming one more unit of a good or service. It is measured as the change in total utility divided by the change in the quantity consumed. It can be positive or negative, and it helps consumers make decisions about how much of a good or service to consume.

Marginal Utility Is