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Syeda Jamal
on Oct 12, 2024

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Marginal utility

A) is the usefulness a consumer derives from a certain good or service.
B) is the utility a consumer derives from a certain good or service.
C) increases as more of a good or service is consumed.
D) is the additional utility derived from consuming one more unit of a good or service.

Marginal Utility

The additional satisfaction or benefit a consumer derives from consuming one more unit of a good or service.

Additional Utility

The extra satisfaction or pleasure a person receives from consuming an additional unit of a good or service.

  • Assess the marginal and total utility from specified data points.
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Carolina GhelmanOct 15, 2024
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