Marginal utility can be measured by the change in:
A) total utility / the change in quantity.
B) income / the change in utility.
C) quantity / the change in income.
D) price / the change in utility.
E) income / the change in price.

Question

Quizplus · Accepted Answer

Marginal utility is the additional satisfaction or usefulness that a consumer derives from consuming an additional unit of a good or service. It can be measured by calculating the change in total utility divided by the change in quantity consumed. Therefore, the correct choice is A.

Marginal Utility Can Be Measured by the Change In