QUESTION IMAGE
Question
- the amount of additional satisfaction obtained from consumption of an additional unit of a good or service is_____
independent variable
marginal utility
partial derivative
none of the above
Brief Explanations
The question defines the additional satisfaction from consuming one more unit of a good/service. Marginal utility is the economic term for this concept. An independent variable is a factor in an experiment, a partial derivative is a calculus tool, so neither fits.
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marginal utility