#marginal_utility
Marginal utility
Benefit derived from consuming a product
In mainstream economics, marginal utility describes the change in utility of one unit of a good or service. Marginal utility can be positive, negative, or zero. Negative marginal utility implies that every additional unit consumed of a commodity causes more harm than good, leading to a decrease in overall utility. In contrast, positive marginal utility indicates that every additional unit consumed increases overall utility.
Sat 14th
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