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Business, 16.03.2020 19:24 jayzeptor

Marginal utility is the change in total utility obtained by consuming one more unit of a good. B) change in total utility obtained by consuming another unit of a good divided by the change in the price of that good. C) sensitivity of consumer purchases of a good to changes in the price of that good. D) total utility associated with the consumption of a certain number of units of a good divided by the number of units consumed.

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