Amount of benefit derived from consuming one additional unit of a product or service.
Related information about marginal utility:
- Marginal utility - Wikipedia, the free encyclopedia
In economics, the marginal utility of a good or service is the gain (or loss) from an increase (or decrease) in the consumption of that good or service. Economists ...
- Marginal Utility Definition | Investopedia
The additional satisfaction a consumer gains from consuming one more unit of a good or service. Marginal utility is an important economic concept because ...
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Marginal Utility is a concept introduced very early in microeconomics. But what exactly is marginal utility and how do we use it?
- Marginal Utility | Microeconomics | Khan Academy
Marginal utility and marginal benefit. How you would spend $5 on chocolate and fruit.
- marginal utility (economics) -- Britannica Online Encyclopedia
In economics, the additional satisfaction or benefit (utility) that a consumer derives from buying an additional unit of a commodity or service. The concept implies ...
- Marginal utility - AmosWEB
The additional utility obtained from the consumption or use of an additional unit of a good. It is specified as the change in total utility divided by the change in ...
- Marginal Utility - YouTube
Jan 16, 2012 ... Learn more: http://www.khanacademy.org/video?v=Kf9KhwryQNE Marginal utility and marginal benefit. How you would spend $5 on chocolate ...