The amount by which total utility changes when an additional unit of a good is consumed is called _____ utility.

A) average
B) additional
C) maximum
D) marginal

Marginal Utility

The change in satisfaction or utility that a person receives from consuming one additional unit of a good or service.

Total Utility

The total satisfaction or value a consumer receives from consuming a particular quantity of goods or services.

Additional Unit

Refers to the next unit of production or consumption, often analyzed in terms of its cost or benefit.