An increase or decrease in consumption of a goods or services is termed as ____________________.

Marginal utility

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Revenue curves.

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Producer's equilibrium.

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Total utility

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Solution

The correct option is A Marginal utility
Marginal Utility is termed as the additional utility which the consumer gets on consuming some more units of a commodity. So if the consumer increase or decrease his consumption of a commodity, the marginal utility he is deriving from such consumptionas also increase or decrease.

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0	0	0
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