NABTEB Economics 2025 Objective — Question 35

Question 35 of 60 from the National Business and Technical Examinations Board (NABTEB) Economics 2025 Objective paper, with the correct answer and a full explanation.

Average utility is the satisfaction a consumer derives from

A. all units of a commodity consumed
B. consuming extra unit of a commodity
C. each unit of a commodity consumedCorrect

Explanation

Average utility is total utility divided by the number of units consumed, representing satisfaction per unit.

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