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marginal utility

American  

noun

Economics.
  1. the extra utility or satisfaction derived by a consumer from the consumption of the last unit of a commodity.


Etymology

Origin of marginal utility

First recorded in 1920–25

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

And it has a marginal utility curve that only helps you so much.

From The Verge Mar. 2, 2021

It is to find the highest marginal utility of money.

From Slate Apr. 3, 2015

The marginal utility of sharing our resources with those who have little yields the highest potential for that resource and that person.

From Washington Post Dec. 23, 2014

Because of diminishing marginal utility, people typically prefer a smooth path of consumption to one that jumps around.

From New York Times Jun. 21, 2014

We’d get back to our study of marginal utility another day.

From "All American Boys" by Jason Reynolds

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