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Marginal utility |
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Marginal utilityThe change in total satisfaction as a result of consuming one additional unit of a specific good or service.Marginal utility Similar MatchesMarginal rate of transformationMarginal rate of transformationThe increase in output of one good made possible by a one-unit decrease in the output of another, given the technology and factor endowments of a country; thus the absolute value of the slope of the transformation curve. Value marginal productValue marginal productMarginal value product. Marginal revenueMarginal revenueThe change in total revenue as a result of producing one additional unit of output. Marginal propensity to importMarginal propensity to importThe fraction of a change in income (or perhaps disposable income) spent on imports. Contrasts with average propensity to import. Marginal propensity to saveMarginal propensity to saveThe fraction of a change in income (or perhaps disposable income) that is saved. Further SuggestionsMarginalMarginal propensity Marginal cost marginal tax rate Marginal rate of substitution Marginal revenue product Marginal product Marginal efficiency of capital Marginal value product Marginal propensity to consume Marginal tax rate |
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