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Which of the following is an example of marginal utility? a) your total clothing purchases

Economics

Which of the following is an example of marginal utility?

a) your total clothing purchases.

b) the cost of your vacation.

c) the pleasure of eating one more doughnut.

d) the pleasure of winning a lottery.

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  • The correct answer to this question is c) the pleasure of eating one more doughnut.

The additional happiness one gets when he/she haves one extra doughnut is said to be the marginal utility derived by him/her.

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