The rate of increase in utility is
...The rate of increase in utility is
Average utility
Increasing utility
Total utility
Marginal utility
Correct answer is D
In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a goods or service is the change in the utility from an increase or decrease in the consumption of that good or service.
A declining population is one in which the population is ...
Age group (YEARS) Population 0 - 15 16 - 40 41 - 60 Over 60 ...
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The concept of marginal utility indicates the relationship between utility and _________? ...