Marginal utility


 

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Marginal utility

The change in total satisfaction as a result of consuming one additional unit of a specific good or service.



Marginal utility

Similar Matches

Marginal efficiency of capital

Marginal efficiency of capital

The percentage yield earned on an additional unit of capital.


Value marginal product

Value marginal product

Marginal value product.


Marginal propensity

Marginal propensity

The fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.


Marginal tax rate

Marginal tax rate

The tax rate that would have to be paid on any additional dollars of taxable income earned.


Marginal propensity to consume

Marginal propensity to consume

The fraction of a change in income (or perhaps disposable income) spent on consumption. Contrasts with average propensity to consume.


Further Suggestions

marginal tax rate
Marginal revenue product
Marginal cost
Marginal revenue
Marginal propensity to save
Marginal value product
Marginal product
Marginal propensity to import
Marginal
Marginal rate of transformation
Marginal rate of substitution


 
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