marginal utility

Noun

The additional satisfaction or benefit derived from consuming one more unit of a good or service.

ریشه

The term 'marginal' refers to the additional unit, and 'utility' refers to the satisfaction or benefit obtained.

مثال

• As the quantity consumed increases, the marginal utility decreases.
• Economists study the concept of marginal utility to understand consumer behavior.
• The law of diminishing marginal utility states that the more you have of something, the less satisfaction it provides.

ترکیب‌های رایج

Decrease in marginal utility Study marginal utility Law of diminishing marginal utility Maximize marginal utility