marginal utility

/ˌmɑrdʒənl juˌtɪlədi/
IPA guide

Other forms: marginal utilities

Definitions of marginal utility
  1. noun
    (economics) the amount that utility increases with an increase of one unit of an economic good or service
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    type of:
    utility
    (economics) a measure that is to be maximized in any situation involving choice
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