68.6k views
3 votes
Utility gained with each individual unit of a good that you purchase is called ______________. (select the best answer.) select one:

a. marginal utility
b. form utility
c. purchase utility
d. increase utility

User Sharoz
by
8.5k points

1 Answer

5 votes
Utility gained with each individual unit of a good that you purchase is called a. marginal utility

This is of high importance because marginal utilities are used to determine how many items a consumer is willing to buy.
User Zerey
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories