This Question1 pt 2 of T0 U complete This Test 10 pts pos Ma

This Question:1 pt 2 of T0 (U complete This Test: 10 pts pos Marginal utility measures: O A. the marginal rate of substitution. O B. the slope of the budget line. S O C. the addlional safisfaction from consuming one more unit of a good. 0 D, the slope of the indmerence curve. O E. none of the above Cick to select your answer

Solution

Ans:

option C

the additional satisfaction from consuming one more unit of a good.

Marginal utility is the additional satisfaction gained from consuming one additional unit of a good or service.