- the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity.
Origin of marginal utility
First recorded in 1920–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for marginal utility
Yet the argument proceeds according to the rules of marginal-utility permutations.
The limitations of the marginal-utility economics are sharp and characteristic.
This difficulty is recognized by the current marginal-utility arguments, and an allowance for intensity is made or presumed.
There is, therefore, no call to impugn these premises of the marginal-utility economics within their field.