Change in utility resulting from one unit change in consumption is called:

April 26, 2021 – by admin

Question:

Change in utility resulting from one unit change in consumption is called:

A.

Total Utility

B.

Extra Utility

C.

Marginal Utility

D.

Average Utility

Answer» c. Marginal Utility

Note:

The above multiple-choice question is for all general and Competitive Exams in India.