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Economists use the term marginal utility to mean:
a) total satisfaction gained when consuming a given number of units.
b) the process of comparing marginal units of all goods which could be purchased.
c) additional satisfaction gained by the consumption of one more unit of a good.
d) additional satisfaction gained divided by additional cost of the last unit.
Paper#9209197 | Written in 27-Jul-2016Price : $17.85