R

Rakesh Kumar • 27.31K Points
Instructor II

Q. Which of the following defines marginal utility?

(A) the change in total utility divided by the price of a product
(B) the maximum amount of satisfaction from consuming a product
(C) the total satisfaction received from consuming as much of the product that isavailable for consumption
(D) the additional satisfaction received from consuming one more unit of a product

Correct Answer - Option(D)

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