Economics · Consumer Behavior and Demand
What is the change in total utility due to the consumption of one additional unit of a commodity called?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Marginal Utility (MU)✓
- 2Demand Utility (DU)
- 3Revenue Utility (RU)
- 4Product Utility (PU)
Correct answer
Marginal Utility (MU)
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