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After reading 2025 websites, we found 12 different results for "What is marginal utility"

the additional satisfaction one obtains from consuming one additional unit of a good

So one’s “marginal utility” is the additional satisfaction one obtains from consuming one additional unit of a good.

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change in utility resulting from a change in the quantity of a specific good consumed

As a general concept, marginal utility is the change in utility resulting from a change in the quantity of a specific good consumed.

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In economics terms as additional utility gained from the consumption of an additional unit of a good

In economics terms, Marginal Utility (MU) can be defined as additional utility gained from the consumption of an additional unit of a good.

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The increasing utility resulting from intake of extra units

The increasing utility resulting from intake of extra units is known as marginal utility.

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the first derivative of total utility

Marginal utility is the first derivative of total utility.

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the incremental increase in utility that results from the consumption of one additional unit

Marginal utility is the incremental increase in utility that results from the consumption of one additional unit.

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The pleasure a customer derives from each extra unit consumed

The pleasure a customer derives from each extra unit consumed is known as marginal utility.

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the additional benefit that a consumer derives from buying an additional unit of a good

Marginal utility is the additional benefit that a consumer derives from buying an additional unit of a good.

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the net addition made to total utility by the consumption of an additional unit

Marginal utility is the net addition made to total utility by the consumption of an additional unit.

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the extra utility gained from adding one unit of a good

Marginal utility, that's the extra utility gained from adding one unit of a good.

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a non-profit gallery that presents the work of locally and

Marginal Utility is a non-profit gallery that presents the work of locally and.

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one of the most important concepts in economics

And marginal utility is one of the most important concepts in economics.

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