Answer:
True
Explanation:
Utility is the satisfaction derived from consuming a product or service i.e the pleasure or happiness a consumer gets in using a product.
Marginal Utility on the other hand is the additional, extra satisfaction or benefits that an individual or consumers derives from buying an additional unit of a commodity or service. This simply states that when someone buys a particular product and consumes more of that product such person has undergo increasing marginal utility.
E.g Mr. A bought pasta yesterday and buy same today and day after , he's only buying cause of the satisfaction he derives in consuming pasta. And by so doing, he has encounter and increasing marginal utility.
