_______means the additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service.

Correct option is C

The correct answer is (C)    ​Marginal Utility

• Marginal Utility is the extra satisfaction or benefit a person gets from using one more unit of a product or service.
• This concept is essential in microeconomics, which studies how individuals and businesses use resources for production, consumption, and trade.

Information booster:

Equilibrium

• Equilibrium happens when the amount of goods consumers want to buy equals the amount producers want to sell, leading to a stable price.

​Total Utility

• ·Total Utility measures the overall satisfaction a consumer gets from using a certain quantity of a product or service.
• ·Knowing Total Utility helps consumers decide how much of a product to use for maximum satisfaction.
  

​Consumer Demand

• ​Consumer Demand refers to how much consumers are willing to buy at a specific price.​