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tempt.phpTattempt 164103&cmid-463057;&page; 3 nline Classroom ResourcesMNU Resources FAQs erial Economics-OMBA 8 ses / Business Administration / Managerial Economics-OMBA 8/Week 3 - July 19, 2018 - Theory of Consumer Behav z- Due by midnight Wednesday, July 25, 2018 Marginal utility is Select one O a the relative value of two goods when a utility-maximizing decision has been made. O b the change in utility that results from increasing the amount of a good consumed by one unit. O c the change in the amount of a good consumed that increases total utility. O a the utility obtained from the consumption of all but the last unit of a good. Nex

Explanation / Answer

ANSWER:

The correct answer is option b as it is the definition of marginal utility.

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