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The Amount Of Satisfaction Per Unit Of The Commodity Consumed Is Called? - Erudites Academy
Categories: Economics NECO

The amount of satisfaction per unit of the commodity consumed is called?
The amount of satisfaction per unit of the commodity consumed is called?The amount of satisfaction per unit of the commodity consumed is called?

A. average cost
B. average utility
C. marginal cost
D. marginal utility
E. total utility

Correct Answer:

Option B – average utility

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