Marginal utility is

the total utility divided by the number of unitsCorrect answerYour answerthe utility from the first unit onlyCorrect answerYour answerthe sum of utilities from all unitsCorrect answerYour answerthe change in total utility from consuming one more unitCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

MUₙ = TUₙ − TUₙ₋₁: the extra utility the nth unit adds.
The sum of the utilities from all units is total utility.

Concept: Meaning of marginal utility
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsTotal and marginal utility

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Marginal utility is

Explanation