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Naily [24]
1 year ago
14

The additional utility a person receives from consuming an additional unit of a good or service is known as?

Business
1 answer:
dmitriy555 [2]1 year ago
6 0

The additional utility a person receives from consuming an additional unit of a good or service is known as Marginal Benefit.

<h3>What is service?</h3>

Services are referred as a type of product that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.

The additional utility a person receives from consuming an additional unit of a good or service is known as Marginal Benefit. Any activity can have its net benefit increased by selecting the amount at which marginal utility equals marginal expense.

Learn more about Marginal benefits, here:

brainly.com/question/22519664

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