Business, 24.09.2019 05:20 NNopeNNopeNNope

Marginal utility is the:
a. sensitivity of consumer purchases of a good to changes in the price of that good.
b. change in total utility obtained by consuming one more unit of a good.
c. change in total utility obtained by consuming another unit of a good divided by the change in the price of that good.
d. total utility associated with the consumption of a certain number of units of a good divided by the number of units consumed.

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Marginal utility is the:
a. sensitivity of consumer purchases of a good to changes in the pr...

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