contestada

brice is going to purchase a hi-def, flat-screen tv. he has decided on everything except the screen size. the unit with the 42-inch screen costs $600 while the unit with the 47-inch screen costs $750. in making this decision, which concept should brice use?

Respuesta :

DevanshChh

Brice should use the concept of Marginal Utility.

Marginal Utility

It is the increased satisfaction that a consumer can get when having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. Positive marginal utility occurs when the consumption of an item increases the total utility. Negative marginal utility occurs when the consumption of one more unit decreases the overall utility.

To know more about Marginal Utility check out: https://brainly.com/question/15050855

#SPJ4

Otras preguntas