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Marginal utility

Marginal utility refers to the benefit or satisfaction gained from consuming an additional unit of a good or service.

Where this appears

The syllabus topics that use this term.

  • 1.2Classical Microeconomics and Marginal Analysis (19th Century)
  • 1.2Marxist Critique of Classical Thought (19th Century)

Taught in Economic Methodology and the Evolution of Economic Thought

All 809 terms
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