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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Marginal utility is
A) the change in total utility divided by the price of the last unit of a good or service consumed.
B) the change in total utility a person receives from consuming an additional unit of a good or service.
C) the utility from consuming a given quantity of a good or service.
D) the decrease in total utility from consuming more and more units of a good or service.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 224 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
9 years ago
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9 years ago
The textbook reference in your signature really helped me narrow it down.

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