Economists use the term "marginal utility" to describe the
A) total satisfaction received from consumption of a good.
B) change in total satisfaction caused by consumption of an additional unit of a good.
C) price paid for every unit consumed.
D) average utility of each unit of a good consumed.
E) inverse of the measure of total utility.
Ans: B) change in total satisfaction caused by consumption of an additional unit of a good.
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