| 释义 |
Definition of marginal utility in English: marginal utilitynoun mass nounEconomics The benefit gained from consuming one additional unit of a product or service. the law of marginal utility states that the first x is worth more than the second x (be it dollars, hours of free time, video games, pieces of food, etc.) Example sentencesExamples - Gold is the monetary metal par excellence because it has constant marginal utility.
- Only with the use of money is it possible to compare the marginal utility of goods in all alternative employments.
- There is a diminishing marginal utility of savings to any wealth holder, meaning the more you have, the less you need more.
- Students can better understand diminishing marginal utility when a student is allowed to eat all of the chocolate cookies they want and stops eating at some point even though the cookies are free.
- Its marginal utility tops off after about 10 listens.
Definition of marginal utility in US English: marginal utilitynoun Economics The benefit gained from consuming one additional unit of a good or service. the value of corn for this farmer would be determined by its marginal utility Example sentencesExamples - Gold is the monetary metal par excellence because it has constant marginal utility.
- Students can better understand diminishing marginal utility when a student is allowed to eat all of the chocolate cookies they want and stops eating at some point even though the cookies are free.
- There is a diminishing marginal utility of savings to any wealth holder, meaning the more you have, the less you need more.
- Its marginal utility tops off after about 10 listens.
- Only with the use of money is it possible to compare the marginal utility of goods in all alternative employments.
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