marginal utility

marginal utility ExamplesWord Origin noun Economics.

the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity.

Origin of marginal utility First recorded in 1920–25 Examples from the Web for marginal utility Historical Examples of marginal utility

Yet the argument proceeds according to the rules of marginal-utility permutations.

Thorstein Veblen

The limitations of the marginal-utility economics are sharp and characteristic.

Thorstein Veblen

This difficulty is recognized by the current marginal-utility arguments, and an allowance for intensity is made or presumed.

Thorstein Veblen

There is, therefore, no call to impugn these premises of the marginal-utility economics within their field.

Thorstein Veblen