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Author Question: _____ is the change in total utility that occurs because one more unit of a good is consumed or ... (Read 58 times)

tiffannnnyyyyyy

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_____ is the change in total utility that occurs because one more unit of a good is consumed or acquired.
 a. Total utility
  b. Marginal utility
  c. Disutility
  d. Diminishing marginal utility
  e. Expected utility

Question 2

The change in total cost resulting from a one-unit increase in production is called:
 a. average fixed cost.
 b. average variable cost.
  c. marginal cost.
 d. marginal revenue.



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Sophiapenny

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Answer to Question 1

b

Answer to Question 2

c




tiffannnnyyyyyy

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


essyface1

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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