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timurjin [86]
3 years ago
7

Marginal utility is equal to which of the following? (A) total income divided by the price of the product (B) the change in tota

l utility from consuming one more unit of a good (C) the satisfaction obtained from consuming any number of units of a good (D) total utility divided by the number of units of the good
Business
1 answer:
soldi70 [24.7K]3 years ago
8 0

Answer: B- the change in total utility from consuming one more unit of a good 

Explanation: Marginal utility is the change in utility that arises from consuming one more unit of a good or service.

Utility is the total satisfaction that occurs from consuming a commodity or service.

Average utility is total utility divided by the number of goods consumed.

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