MCQOPTIONS
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| 1. |
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 |
| Answer» E. | |