alleryStart learning →Marginal utility is defined as the additional utility provided by:
AAn income rise
BOne more unit
CThe whole basket
DA price increase
Answer & Solution
Correct answer: B. One more unit
1. Marginal quantities look at the effect of one extra unit.
2. The total utility column shows the total satisfaction from all units.
3. Marginal utility is the additional utility provided by one additional unit.
4. That is one additional unit of consumption.
_Source: OpenStax Principles of Microeconomics for AP Courses 2e (CC BY 4.0), Ch 6 'Consumer Choices'_
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