Marginal utility is ____.
O The change in total utility obtained by consuming one additional unit of a good or service.
O The sum of the total utility of consuming a certain amount of a good.
O The diminishing nature of total utility. Always negative or zero.

Question

04-06-2024
Business

Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Marginal utility is ____.
O The change in total utility obtained by consuming one additional unit of a good or service.
O The sum of the total utility of consuming a certain amount of a good.
O The diminishing nature of total utility. Always negative or zero.

Sagot :

Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.

As water evaporates from an open container at 40°C, which one of the following is true? (a) The water becomes warmer as the kinetic energy of the liquid water

The amount of a good that must be given up to produce another good is the concept of: a. scarcity. b. specialization. c. trade. d. efficiency. e. opportunity co

what is average velocity of a particle?

Which choice is equivalent to the expression below when x 0?√18X^30-√9X^3+3√X^3-√2X^3A.2√2XB.4√XC.2X√2XD.√10X^3

What mass of the compound CrO3 (M=100.0) contains 4.5x10^23 Oxygen atoms? Please show your steps.

In developing his theory on moral development, when did Kohlberg claim most people reach the postconventional stage? A) Most people reach this stage shortly af

Which inequality is equivalent to 7x-2y>8?

The social scientist who criticized the theory of Lawrence Kohlberg and developed an alternative theory on the development of morality based on personal relati

In the school cafeteria, students choose their lunch from 3 sandwiches, 3 soups, 4 salads, and 2 drinks. How many different lunches are possible for a student w

at a school choir concert 256 students are standing in rows. if the number of students in each row is equal to the total number of rows find the number of stu

Sagot :

Other Questions