The additional satisfaction derived from the consumption of one or more unit of a good is called

The additional satisfaction or benefit obtained from consuming one or more units of a good or service is known as marginal utility. Marginal utility helps to measure the satisfaction gained from each additional unit of a product consumed, and it diminishes as consumption increases. This concept is essential in understanding consumer behavior and decision-making regarding purchases. The goal of rational consumers is to maximize their total utility or satisfaction from the goods and services they consume, which requires considering the marginal utility and price of each unit.