Question

Marginal Utility is the satisfaction or usefulness obtained from acquiring one more unit of a product.

Question 9 options:
True
False

Answer 1

Its is true

Step-by-step explanation:

Marginal Utility is the satisfaction or usefulness obtained from acquiring one more unit of a product.

Answer 2

True

Step-by-step explanation:

Marginal utility evaluates the additional fulfillment that a customer earns from consuming extra units of merchandise or administrations. The idea of marginal utility is utilized by market analysts to decide the number of items customers are eager to buy. Positive peripheral service happens when the utilization of an extra thing expands the free utility while minimizing negative utility happens when the use of an extra something diminishes the complete efficiency.