Marginal utility

Rarity: Uncommon

A topic a little better known than average, read and translated beyond its own country.

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Notion

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Science and technology

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What Wikipedia says

In mainstream economics, marginal utility refers to the change in utility (pleasure or satisfaction resulting from the consumption) of one unit of a good or service. Marginal utility can be positive, negative, or zero.

Excerpt from the Wikipedia article “Marginal utility”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

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